John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) Trading 0.8% Higher

John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) shot up 0.8% during mid-day trading on Friday . The stock traded as high as $21.26 and last traded at $21.26. 2,334 shares traded hands during trading, a decline of 76% from the average session volume of 9,929 shares. The stock had previously closed at $21.10.

John Hancock Mortgage-Backed Securities ETF Price Performance

The stock has a fifty day moving average price of $21.36 and a 200-day moving average price of $21.31.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of JHMB. U.S. Capital Wealth Advisors LLC purchased a new stake in John Hancock Mortgage-Backed Securities ETF in the fourth quarter valued at about $307,000. Fidelity D & D Bancorp Inc. acquired a new position in shares of John Hancock Mortgage-Backed Securities ETF during the third quarter valued at about $2,301,000. Finally, The Manufacturers Life Insurance Company raised its position in shares of John Hancock Mortgage-Backed Securities ETF by 43.9% in the 4th quarter. The Manufacturers Life Insurance Company now owns 1,943,493 shares of the company’s stock valued at $42,347,000 after purchasing an additional 593,356 shares during the last quarter.

About John Hancock Mortgage-Backed Securities ETF

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.