John Hancock Mortgage-Backed Securities ETF Sees Notable Mid-Day Trading Increase

The John Hancock Mortgage-Backed Securities ETF, trading under the ticker NYSEARCA:JHMB, experienced a modest increase of 0.6% during the mid-day trading session on Thursday. The ETF reached and maintained a trading value of $21.76. In a substantial shift from its average, the traded volume surged to 10,605 shares, marking a 239% increase from the daily average of 3,126 shares. Prior to this uptick, the ETF's stock had closed at $21.64.

John Hancock Mortgage-Backed Securities ETF Stock Performance

Reviewing the performance metrics, the ETF's fifty-day simple moving average stands at $21.33 while the 200-day simple moving average rests slightly lower at $21.15.

Institutional Trading of John Hancock Mortgage-Backed Securities ETF

Institutional investors have actively adjusted their positions in JHMB. Notable transactions include Jane Street Group LLC initiating a new stake valued at about $461,000, and Cabot Wealth Management Inc. expanding its ownership by 5.2%, bringing its total share value to approximately $10,137,000. Other significant investments came from Key Client Fiduciary Advisors LLC, JPMorgan Chase & Co., and Fidelity D & D Bancorp Inc., diversifying the ETF's investor base and reinforcing its market position.

About John Hancock Mortgage-Backed Securities ETF

The ETF in focus operates by mirroring the Bloomberg U.S. MBS Index. It is an actively managed fund that predominantly sinks its assets into investment-grade mortgage-backed securities. These are either issued or fully guaranteed by U.S. government agencies and private entities. With a broad investment approach, the fund does not restrict itself to securities with a particular maturity date.

JHMB, ETF, Trading