November 17, 2016 - By Ruchi Gupta · 0 Comments
John Hancock Hedged Equity & Income Fund (NYSE:HEQ) institutional sentiment increased to 1.11 in Q2 2016. Its up 0.78, from 0.33 in 2016Q1. The ratio increased, as 10 investment professionals opened new or increased equity positions, while 9 sold and reduced their positions in John Hancock Hedged Equity & Income Fund. The investment professionals in our partner’s database now hold: 2.31 million shares, down from 2.37 million shares in 2016Q1. Also, the number of investment professionals holding John Hancock Hedged Equity & Income Fund in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 7 Increased: 6 New Position: 4.
John Hancock Hedged Equity & Income Fund is a diversified, closed-end management investment company. The company has a market cap of $214.63 million. The Fund’s investment objective is to provide total return with a focus on current income and gains, and also consisting of long-term capital appreciation. It currently has negative earnings. It will invest over 80% of its net assets in equity and equity-related securities, including common stock, preferred stock, depositary receipts , index-related securities, options on equity securities and equity indexes, real estate investment structures, convertible securities, private placements, convertible preferred stock, rights, warrants, derivatives linked to equity securities or indexes and other similar equity equivalents.
About 6,811 shares traded hands. John Hancock Hedged Equity and Income (NYSE:HEQ) has risen 4.20% since April 15, 2016 and is uptrending. It has underperformed by 0.42% the S&P500.
Shaker Financial Services Llc holds 1.32% of its portfolio in John Hancock Hedged Equity and Income for 127,273 shares. Blue Bell Private Wealth Management Llc owns 21,125 shares or 0.2% of their US portfolio. Moreover, Advisors Asset Management Inc. has 0.19% invested in the company for 777,428 shares. The Massachusetts-based Fiduciary Trust Co has invested 0.01% in the stock. Bank Of America Corp De, a North Carolina-based fund reported 16,449 shares.#img1#
More notable recent John Hancock Hedged Equity and Income (NYSE:HEQ) news were published by: Prnewswire.com which released: “John Hancock Hedged Equity & Income Fund and John Hancock Financial …” on August 05, 2016, also Forbes.com with their article: “Invest Like A Boss With Leading Investment Advisers’ Favorite Mutual Funds” published on May 31, 2015, Prnewswire.com published: “John Hancock Investments Enters UCITS Business” on June 29, 2015. More interesting news about John Hancock Hedged Equity and Income (NYSE:HEQ) were released by: Prnewswire.com and their article: “John Hancock Investments launches Global Focused Strategies Fund” published on April 13, 2016 as well as Prnewswire.com‘s news article titled: “John Hancock Investments opens new office in Tempe, Arizona” with publication date: October 13, 2016.
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By Ruchi Gupta