John Hancock Corporate Bond ETF (NYSEARCA:JHCB) Trading Down 0.6%

John Hancock Corporate Bond ETF (NYSEARCA:JHCB)’s stock price was down 0.6% during mid-day trading on Friday . The stock traded as low as $24.80 and last traded at $24.80. Approximately 20 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 2,022 shares. The stock had previously closed at $24.94.

The company has a 50-day moving average price of $25.36 and a 200-day moving average price of $25.69.

An institutional investor recently bought a new position in John Hancock Corporate Bond ETF stock. The Manufacturers Life Insurance Company bought a new stake in John Hancock Corporate Bond ETF (NYSEARCA:JHCB) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,560,131 shares of the company’s stock, valued at approximately $40,337,000. The Manufacturers Life Insurance Company owned about 195.02% of John Hancock Corporate Bond ETF at the end of the most recent quarter.

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