September 19, 2023
John Hancock Investors Trust Witnessed a Boost in Holdings by Capital Investment Advisors LLC
According to the recent Form 13F filing with the Securities and Exchange Commission (SEC), Capital Investment Advisors LLC increased its holdings in John Hancock Investors Trust (NYSE:JHI) by 30.3% during the second quarter. As a result, the firm now owns approximately 100,961 shares of the financial services provider’s stock. This acquisition of an additional 23,458 shares during the quarter brings their total stake to a value of $1,276,000.
Capital Investment Advisors LLC has demonstrated confidence in John Hancock Investors Trust by significantly escalating its holdings over this period. Such a decision reflects positively on both parties involved, as it strengthens Capital Investment Advisors’ portfolio while indicating trust in John Hancock Investors Trust’s performance and potential.
The significant increase in holdings highlights Capital Investment Advisors’ belief in the financial services sector and underscores their strategic approach towards diversifying investments. By expanding its position in John Hancock Investors Trust, Capital Investment Advisors LLC aims to enhance its chances for long-term investment growth and capitalize on opportunities within the sector.
John Hancock Investors Trust is likely to benefit from this endorsement by Capital Investment Advisors LLC, given their extensive experience and robust presence within the market. As one of the leading names in financial services providers, John Hancock Investors Trust has built a solid reputation based on its expertise and commitment to delivering excellent returns to shareholders.
As of now, Capital Investment Advisors LLC holds approximately 1.16% of John Hancock Investors Trust’s total worth at the end of this notable quarter-end rally. While precise details regarding future investment plans are not disclosed as part of this filing, it is expected that both organizations will continue to monitor market trends diligently and make informed decisions accordingly.
It is essential to note that these figures represent ownership during a specific period and may be subject to change as circumstances evolve or new developments arise. Investors and market-watchers are encouraged to stay updated with the latest disclosures from Capital Investment Advisors LLC and John Hancock Investors Trust to gain a comprehensive understanding of their investment activities moving forward.
In conclusion, Capital Investment Advisors LLC’s recent 30.3% increase in holdings within John Hancock Investors Trust reveals a significant show of faith in the financial services provider. With this strong vote of confidence, both entities can further establish their positions in the market and work towards achieving long-term success while continuing to navigate the ever-changing financial landscape.
Silk Road Medical, Inc
SILK
Buy
Updated on: 19/09/2023
Financial Health
Healthy
Debt to equity ratio: Buy
Price to earnings ratio: Strong Sell
Price to book ratio: Strong Buy
DCF: Strong Buy
ROE: Neutral
John Hancock Investors Trust Receives Increased Attention from Institutional Investors
John Hancock Investors Trust, a closed-ended fixed income mutual fund, has recently attracted the attention of institutional investors. Ameriprise Financial Inc., for instance, significantly increased its stake in the company during the first quarter of this year, boosting its holdings by 99.2%. This move saw Ameriprise Financial Inc. acquire an additional 41,484 shares, bringing their total ownership to 83,302 shares valued at $1,057,000.
UBS Group AG also joined in on the action, growing its holdings in John Hancock Investors Trust by 7.1% during the same period. They purchased an additional 1,070 shares and now hold a total of 16,230 shares worth $206,000.
Similarly, NewEdge Advisors LLC increased its stake by 4.1% during the first quarter and now owns 52,007 shares valued at $652,000 after purchasing an additional 2,043 shares.
Shaker Financial Services LLC made a remarkable move by raising its position in John Hancock Investors Trust by a staggering 140.1%. The firm acquired an additional 80,578 shares and currently holds a substantial 138,083 shares valued at $1,752,000.
Wolverine Asset Management LLC also recognized the potential of John Hancock Investors Trust and lifted its holdings in the company by 74.5% during the first quarter. They purchased an extra 24,674 shares and currently possess 57,811 shares worth $734,
000.
These strategic investments indicate that institutional investors see promise in John Hancock Investors Trust and believe it could be a valuable addition to their portfolios.
On September 19th this year when NYSE:JHI opened with a price of $12.54 per share. Over the past year，prices ranged between a low of $11.80 and a high of $13.94，with fluctuations over time as measured through the 50-day and 200-day simple moving averages.
Before making any investment decisions, it is important to consider the background of John Hancock Investors Trust. The fund is managed by John Hancock Investment Management LLC alongside John Hancock Asset Management. Its primary focus lies in investing in fixed income markets worldwide, concentrating on a diversified portfolio of corporate and government bonds, as well as debt securities.
As such, institutional investors have found great value in these investments, which now account for approximately 15.63% of the company’s stock.
The recent surge in interest from institutional investors could indicate that they foresee potential growth and profitability for John Hancock Investors Trust. With their expertise and financial resources, these investors play a vital role in shaping the success of companies like John Hancock Investors Trust.
It is worth noting that individual investors should conduct thorough research and consult financial advisors before making any investment decisions. Taking into consideration factors such as market conditions, risk tolerance, and investment goals will help to make informed choices when it comes to investing in funds like John Hancock Investors Trust.
Discussion about this post