Janney Montgomery Scott LLC Buys Shares of 10,022 Kensington Hedged Premium Income ETF (NYSEARCA:KHPI)

Janney Montgomery Scott LLC bought a new stake in Kensington Hedged Premium Income ETF (NYSEARCA:KHPI) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,022 shares of the company’s stock, valued at approximately $240,000. Janney Montgomery Scott LLC owned 0.21% of Kensington Hedged Premium Income ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the company. Bank of New York Mellon Corp purchased a new stake in Kensington Hedged Premium Income ETF in the fourth quarter worth about $645,000. Sunbelt Securities Inc. increased its position in Kensington Hedged Premium Income ETF by 9.7% in the fourth quarter. Sunbelt Securities Inc. now owns 17,411 shares of the company’s stock worth $444,000 after buying an additional 1,534 shares in the last quarter. Finally, Rossby Financial LCC purchased a new stake in Kensington Hedged Premium Income ETF in the fourth quarter worth about $341,000.

Kensington Hedged Premium Income ETF Stock Performance

Shares of KHPI opened at $25.54 on Monday. The business has a 50-day simple moving average of $24.73 and a two-hundred day simple moving average of $24.80. Kensington Hedged Premium Income ETF has a 52 week low of $22.13 and a 52 week high of $26.59.

Kensington Hedged Premium Income ETF Company Profile

The Kensington Hedged Premium Income ETF (KHPI) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages multiple derivative strategies seeking to generate high monthly income, some upside participation potential in the S&P 500, with a downside hedge. The objective is to offer a more balanced income strategy than other covered option writing strategies.