John Hancock Investors Trust (NYSE:JHI) Share 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 $13.77 and traded as high as $13.93. John Hancock Investors Trust shares last traded at $13.84, with a volume of 19,347 shares trading hands.

John Hancock Investors Trust Stock Down 0.6%

The firm has a 50 day simple moving average of $13.77 and a 200 day simple moving average of $13.89.

John Hancock Investors Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Thursday, December 11th were given a $0.3649 dividend. This represents a $1.46 dividend on an annualized basis and a dividend yield of 10.5%. This is an increase from John Hancock Investors Trust’s previous quarterly dividend of $0.32. The ex-dividend date was Thursday, December 11th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of JHI. Raymond James Financial Inc. purchased a new position in shares of John Hancock Investors Trust during the 2nd quarter valued at $69,000. Ameriprise Financial Inc. boosted its stake 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 buying an additional 8,228 shares during the period. Aviance Capital Partners LLC grew 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 worth $450,000 after buying an additional 5,011 shares in the last quarter. Riverbridge Partners LLC increased its stake in John Hancock Investors Trust by 2.4% in the 3rd quarter. Riverbridge Partners LLC now owns 33,638 shares of the financial services provider’s stock worth $471,000 after acquiring an additional 784 shares during the last quarter. Finally, Stratos Wealth Partners LTD. increased its stake in John Hancock Investors Trust by 4.3% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 40,157 shares of the financial services provider’s stock worth $562,000 after acquiring an additional 1,644 shares during the last quarter. 27.01% of the stock is 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.