John Hancock Core Plus Bond ETF (NYSEARCA:JHCP – Get Free Report) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 10,216 shares, a growth of 174.7% from the June 15th total of 3,719 shares. Based on an average daily volume of 25,387 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the company’s shares are sold short.
Hedge Funds Weigh In On John Hancock Core Plus Bond ETF
A number of large investors have recently bought and sold shares of JHCP. The Manufacturers Life Insurance Company increased 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 worth $107,725,000 after purchasing an additional 1,240,000 shares during the period. Cetera Investment Advisers boosted its stake in shares of John Hancock Core Plus Bond ETF by 7.9% during 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 period. Coign Capital Advisors LLC grew its holdings in shares of 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 worth $13,262,000 after purchasing an additional 32,664 shares during the last quarter. U.S. Capital Wealth Advisors LLC bought a new position in shares of John Hancock Core Plus Bond ETF in the fourth quarter worth about $3,456,000. Finally, Jane Street Group LLC purchased a new position in John Hancock Core Plus Bond ETF in the 1st quarter worth about $364,000.
John Hancock Core Plus Bond ETF Stock Up 0.4%
NYSEARCA JHCP traded up $0.10 during trading on Wednesday, hitting $24.97. The stock had a trading volume of 11,203 shares, compared to its average volume of 48,935. John Hancock Core Plus Bond ETF has a one year low of $24.79 and a one year high of $26.14. The stock has a 50 day simple moving average of $25.05 and a 200 day simple moving average of $25.27.
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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