John Hancock Core Plus Bond ETF (NYSEARCA:JHCP – Get Free Report) saw a significant decrease in short interest in August. As of August 14th, there was short interest totaling 53,205 shares, a decrease of 68.5% from the July 30th total of 169,022 shares. Based on an average trading volume of 311,978 shares, the short-interest ratio is presently 0.2 days. Currently, 0.6% of the company’s stock are sold short.
Hedge Funds Weigh In On John Hancock Core Plus Bond ETF
Hedge funds and other institutional investors have recently bought and sold shares of the business. Beam Wealth Advisors Inc. bought a new position in John Hancock Core Plus Bond ETF during the fourth quarter worth $268,000. Jane Street Group LLC bought a new stake in shares of John Hancock Core Plus Bond ETF during the 1st quarter worth about $364,000. Cetera Investment Advisers grew its stake in John Hancock Core Plus Bond ETF by 259.7% in the 4th quarter. Cetera Investment Advisers now owns 523,307 shares of the company’s stock valued at $13,263,000 after buying an additional 377,840 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in John Hancock Core Plus Bond ETF by 40.7% in the 1st quarter. The Manufacturers Life Insurance Company now owns 4,284,000 shares of the company’s stock valued at $107,725,000 after buying an additional 1,240,000 shares during the last quarter.
John Hancock Core Plus Bond ETF Price Performance
Shares of John Hancock Core Plus Bond ETF stock opened at $24.84 on Thursday. The business’s 50 day simple moving average is $24.91 and its 200 day simple moving average is $25.14. John Hancock Core Plus Bond ETF has a 52-week low of $24.63 and a 52-week high of $26.14.
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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