Janney Montgomery Scott LLC Grows Holdings in Kensington Hedged Premium Income ETF $KHPI

Janney Montgomery Scott LLC increased its position in Kensington Hedged Premium Income ETF (NYSEARCA:KHPI) by 18.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,919 shares of the company’s stock after acquiring an additional 1,897 shares during the quarter. Janney Montgomery Scott LLC owned about 0.20% of Kensington Hedged Premium Income ETF worth $301,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. grew its holdings in Kensington Hedged Premium Income ETF by 6.6% during the 1st quarter. Sunbelt Securities Inc. now owns 18,566 shares of the company’s stock valued at $445,000 after buying an additional 1,155 shares in the last quarter. Rossby Financial LCC grew its holdings in Kensington Hedged Premium Income ETF by 37.8% during the 1st quarter. Rossby Financial LCC now owns 18,600 shares of the company’s stock valued at $442,000 after buying an additional 5,100 shares in the last quarter. Strategic Blueprint LLC grew its holdings in Kensington Hedged Premium Income ETF by 228.8% during the 1st quarter. Strategic Blueprint LLC now owns 90,253 shares of the company’s stock valued at $2,162,000 after buying an additional 62,807 shares in the last quarter. Finally, OLD Mission Capital LLC purchased a new stake in Kensington Hedged Premium Income ETF during the 1st quarter valued at approximately $265,000.

Kensington Hedged Premium Income ETF Stock Up 0.5%

Shares of KHPI opened at $25.81 on Monday. Kensington Hedged Premium Income ETF has a 1 year low of $22.13 and a 1 year high of $26.59. The company has a 50 day simple moving average of $25.59 and a two-hundred day simple moving average of $25.00.

About Kensington Hedged Premium Income ETF

The Kensington Hedged Premium Income ETF (KHPI) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages multiple derivative strategies seeking to generate high monthly income, some upside participation potential in the S&P 500, with a downside hedge. The objective is to offer a more balanced income strategy than other covered option writing strategies.