Sanctuary Advisors LLC Has $2.28 Million Stock Holdings in John Hancock Preferred Income ETF (NYSEARCA:JHPI)

Sanctuary Advisors LLC increased its position in shares of John Hancock Preferred Income ETF (NYSEARCA:JHPI) by 4.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 100,249 shares of the company’s stock after purchasing an additional 4,574 shares during the period. Sanctuary Advisors LLC owned approximately 0.06% of John Hancock Preferred Income ETF worth $2,280,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in JHPI. CWM LLC boosted its position in shares of John Hancock Preferred Income ETF by 43.0% during the 3rd quarter. CWM LLC now owns 5,066 shares of the company’s stock worth $118,000 after acquiring an additional 1,523 shares in the last quarter. 1620 Investment Advisors Inc. boosted its position in John Hancock Preferred Income ETF by 2.9% in the third quarter. 1620 Investment Advisors Inc. now owns 49,740 shares of the company’s stock valued at $1,156,000 after buying an additional 1,383 shares in the last quarter. Farther Finance Advisors LLC acquired a new stake in John Hancock Preferred Income ETF in the third quarter valued at approximately $114,000. Janney Montgomery Scott LLC boosted its position in John Hancock Preferred Income ETF by 5.0% in the third 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 in the last quarter. Finally, Beacon Financial Advisory LLC boosted its position in John Hancock Preferred Income ETF by 1.7% in the third quarter. Beacon Financial Advisory LLC now owns 34,844 shares of the company’s stock valued at $810,000 after buying an additional 594 shares in the last quarter.

John Hancock Preferred Income ETF Price Performance

Shares of John Hancock Preferred Income ETF stock opened at $22.83 on Friday. John Hancock Preferred Income ETF has a fifty-two week low of $21.77 and a fifty-two week high of $23.49. The firm has a market capitalization of $54.34 million, a P/E ratio of 2.80 and a beta of 0.42. The company’s 50 day moving average price is $22.69 and its two-hundred day moving average price is $22.92.

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.