Atria Investments Inc Increases Stock Holdings in John Hancock Preferred Income ETF (NYSEARCA:JHPI)

Atria Investments Inc boosted its position in shares of John Hancock Preferred Income ETF (NYSEARCA:JHPI) by 5.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 96,184 shares of the company’s stock after purchasing an additional 4,676 shares during the period. Atria Investments Inc owned 0.05% of John Hancock Preferred Income ETF worth $2,167,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Janney Montgomery Scott LLC boosted its stake in shares of John Hancock Preferred Income ETF by 5.0% in the 3rd quarter. Janney Montgomery Scott LLC now owns 94,435 shares of the company’s stock valued at $2,195,000 after buying an additional 4,535 shares during the period. Farther Finance Advisors LLC purchased a new position in shares of John Hancock Preferred Income ETF in the 3rd quarter valued at about $114,000. Empire Financial Management Company LLC boosted its stake in shares of John Hancock Preferred Income ETF by 5.5% in the 3rd quarter. Empire Financial Management Company LLC now owns 9,567 shares of the company’s stock valued at $222,000 after buying an additional 500 shares during the period. Robbins Farley boosted its stake in shares of John Hancock Preferred Income ETF by 3.3% in the 4th quarter. Robbins Farley now owns 117,380 shares of the company’s stock valued at $2,644,000 after buying an additional 3,760 shares during the period. Finally, Sanctuary Advisors LLC boosted its stake in shares of John Hancock Preferred Income ETF by 7.9% in the 3rd quarter. Sanctuary Advisors LLC now owns 95,675 shares of the company’s stock valued at $2,210,000 after buying an additional 7,008 shares during the period.

John Hancock Preferred Income ETF Stock Performance

Shares of JHPI opened at $22.62 on Monday. John Hancock Preferred Income ETF has a 1 year low of $21.77 and a 1 year high of $23.49. The stock has a market capitalization of $56.10 million, a PE ratio of 2.83 and a beta of 0.42. The stock has a 50-day simple moving average of $22.68 and a 200-day simple moving average of $22.94.

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.