Atria Investments Inc Grows Position in John Hancock Preferred Income ETF (NYSEARCA:JHPI)

Atria Investments Inc grew its stake in John Hancock Preferred Income ETF (NYSEARCA:JHPI) by 5.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 96,184 shares of the company’s stock after purchasing an additional 4,676 shares during the period. Atria Investments Inc owned about 5.50% of John Hancock Preferred Income ETF worth $2,167,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Sanctuary Advisors LLC boosted its position in John Hancock Preferred Income ETF by 4.8% in the 4th quarter. Sanctuary Advisors LLC now owns 100,249 shares of the company’s stock worth $2,280,000 after purchasing an additional 4,574 shares in the last quarter. Beacon Financial Advisory LLC boosted its position in John Hancock Preferred Income ETF by 2.6% in the 4th quarter. Beacon Financial Advisory LLC now owns 35,763 shares of the company’s stock worth $806,000 after purchasing an additional 919 shares in the last quarter. Robbins Farley boosted its position in John Hancock Preferred Income ETF by 3.3% in the 4th quarter. Robbins Farley now owns 117,380 shares of the company’s stock worth $2,644,000 after purchasing an additional 3,760 shares in the last quarter. Quad Cities Investment Group LLC boosted its position in John Hancock Preferred Income ETF by 6.8% in the 4th quarter. Quad Cities Investment Group LLC now owns 20,063 shares of the company’s stock worth $452,000 after purchasing an additional 1,279 shares in the last quarter. Finally, Granite Bay Wealth Management LLC boosted its position in John Hancock Preferred Income ETF by 5.2% in the 4th quarter. Granite Bay Wealth Management LLC now owns 545,777 shares of the company’s stock worth $12,294,000 after purchasing an additional 26,827 shares in the last quarter.

John Hancock Preferred Income ETF Stock Performance

John Hancock Preferred Income ETF stock opened at $22.62 on Monday. John Hancock Preferred Income ETF has a 12 month low of $21.77 and a 12 month high of $23.49. The stock’s 50 day simple moving average is $22.68 and its two-hundred day simple moving average is $22.94. The firm has a market cap of $56.10 million, a PE ratio of 2.83 and a beta of 0.42.

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.