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, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 100,249 shares of the company’s stock after acquiring an additional 4,574 shares during the quarter. Sanctuary Advisors LLC owned about 5.73% of John Hancock Preferred Income ETF worth $2,280,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of JHPI. Farther Finance Advisors LLC acquired a new position in John Hancock Preferred Income ETF in the third quarter valued at approximately $114,000. CWM LLC lifted its stake in shares of John Hancock Preferred Income ETF by 43.0% in the 3rd quarter. CWM LLC now owns 5,066 shares of the company’s stock valued at $118,000 after purchasing an additional 1,523 shares during the period. Empire Financial Management Company LLC boosted its position 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 worth $222,000 after purchasing an additional 500 shares during the last quarter. Quad Cities Investment Group LLC grew its stake in shares of John Hancock Preferred Income ETF by 6.8% during the fourth 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 during the period. Finally, Beacon Financial Advisory LLC increased its holdings in John Hancock Preferred Income ETF by 2.6% in the fourth quarter. Beacon Financial Advisory LLC now owns 35,763 shares of the company’s stock valued at $806,000 after purchasing an additional 919 shares during the last quarter.

John Hancock Preferred Income ETF Stock Performance

Shares of NYSEARCA:JHPI opened at $22.83 on Friday. The company has a 50 day moving average price of $22.69 and a two-hundred day moving average price of $22.92. The company has a market capitalization of $54.34 million, a PE ratio of 2.80 and a beta of 0.42. John Hancock Preferred Income ETF has a 52 week low of $21.77 and a 52 week high of $23.49.

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.