147,236 Shares in John Hancock Preferred Income ETF $JHPI Purchased by BDFS Capital LLC

BDFS Capital LLC acquired a new stake in John Hancock Preferred Income ETF (NYSEARCA:JHPI) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 147,236 shares of the company’s stock, valued at approximately $3,362,000. John Hancock Preferred Income ETF accounts for about 1.7% of BDFS Capital LLC’s holdings, making the stock its 10th largest position. BDFS Capital LLC owned approximately 2.30% of John Hancock Preferred Income ETF at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of JHPI. Burk Holdings LLC acquired a new position in shares of John Hancock Preferred Income ETF in the 3rd quarter worth approximately $2,846,000. Private Advisor Group LLC increased its holdings in John Hancock Preferred Income ETF by 421.7% in the 3rd quarter. Private Advisor Group LLC now owns 758,690 shares of the company’s stock valued at $17,579,000 after purchasing an additional 613,277 shares during the last quarter. Eldridge Investment Advisors Inc. increased its holdings in John Hancock Preferred Income ETF by 6.8% in the 4th quarter. Eldridge Investment Advisors Inc. now owns 540,006 shares of the company’s stock valued at $12,332,000 after purchasing an additional 34,614 shares during the last quarter. Granite Bay Wealth Management LLC raised its position in John Hancock Preferred Income ETF by 8.8% in the fourth quarter. Granite Bay Wealth Management LLC now owns 769,129 shares of the company’s stock valued at $17,565,000 after purchasing an additional 62,491 shares during the period. Finally, International Assets Investment Management LLC purchased a new stake in John Hancock Preferred Income ETF in the fourth quarter valued at approximately $75,000.

John Hancock Preferred Income ETF Stock Up 0.3%

NYSEARCA:JHPI opened at $22.92 on Friday. John Hancock Preferred Income ETF has a 52 week low of $22.42 and a 52 week high of $23.56. The stock’s fifty day moving average is $22.93 and its two-hundred day moving average is $22.97. The stock has a market capitalization of $178.78 million, a price-to-earnings ratio of 60.41 and a beta of 0.37.

About John Hancock Preferred Income ETF

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.