John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) Trading Up 0.9%

Shares of John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) were up 0.9% during trading on Friday . The company traded as high as $20.82 and last traded at $20.80. Approximately 1,259 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 4,439 shares. The stock had previously closed at $20.60.

John Hancock Mortgage-Backed Securities ETF Trading Up 0.9 %

The stock’s fifty day moving average is $20.75 and its two-hundred day moving average is $21.26.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of JHMB. Cabot Wealth Management Inc. raised its position in shares of John Hancock Mortgage-Backed Securities ETF by 5.2% during the 2nd quarter. Cabot Wealth Management Inc. now owns 471,228 shares of the company’s stock worth $10,137,000 after buying an additional 23,442 shares in the last quarter. Jane Street Group LLC purchased a new position in John Hancock Mortgage-Backed Securities ETF during the second quarter valued at approximately $461,000. Key Client Fiduciary Advisors LLC acquired a new stake in John Hancock Mortgage-Backed Securities ETF in the second quarter valued at approximately $224,000. Finally, JPMorgan Chase & Co. acquired a new stake in John Hancock Mortgage-Backed Securities ETF in the second quarter valued at approximately $67,000.

John Hancock Mortgage-Backed Securities ETF Company Profile

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.