John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB – Get Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 19,520 shares, a growth of 73.4% from the May 31st total of 11,259 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 35,346 shares, the days-to-cover ratio is currently 0.6 days.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. J. R. Prunier Capital Management LLC boosted its holdings in John Hancock Mortgage-Backed Securities ETF by 26.5% during the first quarter. J. R. Prunier Capital Management LLC now owns 78,499 shares of the company’s stock valued at $1,728,000 after acquiring an additional 16,427 shares during the period. Cadence Wealth Management LLC boosted its stake in John Hancock Mortgage-Backed Securities ETF by 14.5% during the 1st quarter. Cadence Wealth Management LLC now owns 14,529 shares of the company’s stock valued at $320,000 after purchasing an additional 1,845 shares during the period. Fidelity D & D Bancorp Inc. grew its holdings in John Hancock Mortgage-Backed Securities ETF by 7.1% in the 1st quarter. Fidelity D & D Bancorp Inc. now owns 414,145 shares of the company’s stock valued at $9,117,000 after buying an additional 27,275 shares during the last quarter. NewEdge Advisors LLC increased its position in John Hancock Mortgage-Backed Securities ETF by 2,450.0% in the 4th quarter. NewEdge Advisors LLC now owns 8,160 shares of the company’s stock worth $181,000 after buying an additional 7,840 shares during the period. Finally, Cetera Investment Advisers bought a new position in John Hancock Mortgage-Backed Securities ETF in the 4th quarter worth approximately $404,000.
John Hancock Mortgage-Backed Securities ETF Price Performance
Shares of NYSEARCA:JHMB traded up $0.03 on Thursday, reaching $21.92. The company had a trading volume of 115,261 shares, compared to its average volume of 49,770. The stock has a 50-day moving average price of $21.94 and a 200 day moving average price of $22.13. John Hancock Mortgage-Backed Securities ETF has a twelve month low of $21.56 and a twelve month high of $22.60.
About John Hancock Mortgage-Backed Securities ETF
The John Hancock Mortgage Backed Securities ETF (JHMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is actively managed and primarily invests in investment grade mortgage-backed securities issued or guaranteed by U.S. government and private entities with no specific limit to maturity. JHMB was launched on Aug 19, 2021 and is managed by John Hancock.
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