John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) Short Interest Update
by Scott Moore · The Cerbat GemJohn Hancock Core Plus Bond ETF (NYSEARCA:JHCP – Get Free Report) was the recipient of a large drop in short interest in May. As of May 15th, there was short interest totaling 5,180 shares, a drop of 76.0% from the April 30th total of 21,609 shares. Based on an average daily trading volume, of 13,764 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are sold short.
John Hancock Core Plus Bond ETF Trading Up 0.3%
Shares of NYSEARCA:JHCP traded up $0.07 during midday trading on Friday, reaching $25.11. 21,506 shares of the company’s stock traded hands, compared to its average volume of 26,839. John Hancock Core Plus Bond ETF has a 1 year low of $24.69 and a 1 year high of $26.14. The company has a fifty day simple moving average of $25.15 and a two-hundred day simple moving average of $25.37.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. The Manufacturers Life Insurance Company lifted its holdings 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 purchasing an additional 1,240,000 shares in the last quarter. Cetera Investment Advisers lifted its holdings in John Hancock Core Plus Bond ETF by 7.9% in the 1st 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 in the last quarter. Beam Wealth Advisors Inc. purchased a new position in John Hancock Core Plus Bond ETF in the 4th quarter valued at $268,000. U.S. Capital Wealth Advisors LLC purchased a new position in John Hancock Core Plus Bond ETF in the 4th quarter valued at $3,456,000. Finally, Coign Capital Advisors LLC lifted its holdings in John Hancock Core Plus Bond ETF by 6.7% in the 4th 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 in the last quarter.
John Hancock Core Plus Bond ETF Company Profile
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.