John Hancock Investors Trust (NYSE:JHI) Stock Price Crosses Above 50-Day Moving Average – Time to Sell?

John Hancock Investors Trust (NYSE:JHI)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $13.75 and traded as high as $13.76. John Hancock Investors Trust shares last traded at $13.7350, with a volume of 18,177 shares changing hands.

John Hancock Investors Trust Price Performance

The firm has a 50-day moving average of $13.75 and a 200-day moving average of $13.91.

John Hancock Investors Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Thursday, December 11th were issued a $0.3649 dividend. The ex-dividend date of this dividend was Thursday, December 11th. This is an increase from John Hancock Investors Trust’s previous quarterly dividend of $0.32. This represents a $1.46 annualized dividend and a dividend yield of 10.6%.

Institutional Trading of John Hancock Investors Trust

Several large investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new position in John Hancock Investors Trust in the second quarter worth approximately $69,000. Ameriprise Financial Inc. lifted its position in John Hancock Investors Trust by 63.3% during the second quarter. Ameriprise Financial Inc. now owns 21,231 shares of the financial services provider’s stock valued at $294,000 after purchasing an additional 8,228 shares in the last quarter. Aviance Capital Partners LLC lifted its position in John Hancock Investors Trust by 18.2% during the second quarter. Aviance Capital Partners LLC now owns 32,485 shares of the financial services provider’s stock valued at $450,000 after purchasing an additional 5,011 shares in the last quarter. Riverbridge Partners LLC raised its stake in shares of John Hancock Investors Trust by 3.8% in the second quarter. Riverbridge Partners LLC now owns 32,854 shares of the financial services provider’s stock worth $455,000 after buying an additional 1,204 shares during the period. Finally, Stratos Wealth Partners LTD. grew its stake in shares of John Hancock Investors Trust by 4.3% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 40,157 shares of the financial services provider’s stock valued at $562,000 after acquiring an additional 1,644 shares during the period. 27.01% of the stock is currently owned by institutional investors.

John Hancock Investors Trust Company Profile

John Hancock Investors Trust (NYSE: JHI) is a closed-end management investment company that offers investors access to a diversified portfolio of global securities. Established in 1929, the trust seeks to combine long-term capital growth with income generation through active portfolio management. Shares of the fund trade on the New York Stock Exchange, providing investors with the liquidity of an exchange-traded security alongside the diversification benefits of a professionally managed fund structure.

The fund’s investment strategy emphasizes a multi-asset approach, allocating capital across global equities, fixed-income instruments and convertible securities.