John Hancock Preferred Income ETF (NYSEARCA:JHPI) Holdings Raised by Beacon Financial Advisory LLC

Beacon Financial Advisory LLC increased its position in shares of John Hancock Preferred Income ETF (NYSEARCA:JHPI) by 1.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,844 shares of the company’s stock after purchasing an additional 594 shares during the quarter. Beacon Financial Advisory LLC owned 1.99% of John Hancock Preferred Income ETF worth $810,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. CWM LLC acquired a new stake in John Hancock Preferred Income ETF in the second quarter worth $79,000. Farther Finance Advisors LLC bought a new stake in John Hancock Preferred Income ETF in the 3rd quarter valued at about $114,000. Capital Advisors Ltd. LLC boosted its stake in John Hancock Preferred Income ETF by 89.1% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 5,307 shares of the company’s stock valued at $119,000 after purchasing an additional 2,500 shares during the period. Quad Cities Investment Group LLC grew its position in John Hancock Preferred Income ETF by 5.9% in the 2nd quarter. Quad Cities Investment Group LLC now owns 17,161 shares of the company’s stock worth $384,000 after purchasing an additional 961 shares during the last quarter. Finally, 1620 Investment Advisors Inc. increased its stake in shares of John Hancock Preferred Income ETF by 5.6% in the second quarter. 1620 Investment Advisors Inc. now owns 48,357 shares of the company’s stock valued at $1,081,000 after purchasing an additional 2,559 shares during the period.

John Hancock Preferred Income ETF Trading Up 0.2 %

Shares of NYSEARCA JHPI opened at $23.13 on Wednesday. John Hancock Preferred Income ETF has a 12-month low of $20.49 and a 12-month high of $23.49. The stock has a 50 day simple moving average of $23.14 and a 200-day simple moving average of $22.66.

John Hancock Preferred Income ETF Profile

The John Hancock Preferred Income ETF (JHPI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that attempts to generate income by primarily investing in preferred securities in the US market. JHPI was launched on Dec 14, 2021 and is managed by John Hancock.