John Hancock Core Plus Bond ETF (NYSEARCA:JHCP – Get Free Report) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 73,395 shares, an increase of 1,316.9% from the May 14th total of 5,180 shares. Currently, 1.9% of the shares of the company are sold short. Based on an average trading volume of 38,230 shares, the short-interest ratio is currently 1.9 days.
John Hancock Core Plus Bond ETF Stock Performance
Shares of JHCP stock traded up $0.04 during trading on Tuesday, hitting $24.99. The company’s stock had a trading volume of 3,402 shares, compared to its average volume of 27,395. The business has a fifty day moving average of $25.14 and a 200-day moving average of $25.35. John Hancock Core Plus Bond ETF has a 52 week low of $24.76 and a 52 week high of $26.14.
Hedge Funds Weigh In On John Hancock Core Plus Bond ETF
Several institutional investors have recently bought and sold shares of the company. The Manufacturers Life Insurance Company lifted its stake in John Hancock Core Plus Bond ETF by 40.7% in the first quarter. The Manufacturers Life Insurance Company now owns 4,284,000 shares of the company’s stock valued at $107,725,000 after purchasing an additional 1,240,000 shares during the last quarter. Cetera Investment Advisers lifted its stake in John Hancock Core Plus Bond ETF by 7.9% in the first quarter. Cetera Investment Advisers now owns 564,742 shares of the company’s stock valued at $14,201,000 after purchasing an additional 41,435 shares during the last quarter. Coign Capital Advisors LLC lifted its stake in John Hancock Core Plus Bond ETF by 6.7% in the fourth quarter. Coign Capital Advisors LLC now owns 523,272 shares of the company’s stock valued at $13,262,000 after purchasing an additional 32,664 shares during the last quarter. U.S. Capital Wealth Advisors LLC purchased a new position in John Hancock Core Plus Bond ETF in the fourth quarter valued at approximately $3,456,000. Finally, Jane Street Group LLC purchased a new position in John Hancock Core Plus Bond ETF in the first quarter valued at approximately $364,000.
About John Hancock Core Plus Bond ETF
The John Hancock Core Plus Bond ETF (JHCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed with a focus on a diversified bond portfolio, which includes a potential 20% allocation to high-yield bonds. The fund aims for a high level of current income while also considering ESG factors in its investment analysis JHCP was launched on Dec 18, 2024 and is issued by John Hancock.
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