John Hancock Preferred Income Fund III(HPS)

Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

Snapshot
Info
Exchange
XNYS
Market Cap
$0.5B

John Hancock Preferred Income Fund III is a closed-end, diversified management investment company. Its investment objective is to provide a high level of current income consistent with preservation of capital. The fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. It seeks to achieve the objectives by investing a majority of its assets in preferred stocks and other preferred securities, including convertible preferred securities. The portfolio composition of the company consists of the U.S. preferred securities,…

Price History
Seasonality
MonthAvg ReturnYears of Data
Jan +0.82% 6
Feb -0.63% 6
Mar -0.60% 6
Apr -1.55% 6
May -0.08% 6
Jun -1.14% 6
Jul +2.76% 5
Aug -1.56% 5
Sep -1.59% 5
Oct -2.09% 5
Nov -1.88% 5
Dec -0.89% 5
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators
SMA 20: $14.46
SMA 50: $14.54
SMA 200: $14.77
Current: $14.34
EMA 12: $14.44
EMA 26: $14.49
MACD: -0.0557 | Signal: -0.0232
BEARISH
ADX (14): 13.17
RANGE
+DI: 16.05
−DI: 21.25
Momentum Oscillators
RSI (14): 39.83
NEUTRAL
Stoch %K: 17.36
Stoch %D: 21.25
Williams %R: -76.60
Volume & Volatility
BB Upper: $14.67
BB Lower: $14.25
NEUTRAL
OBV: 2,145,649
Vol SMA 20: 56,313
Vol ROC: 52.63%
ATR: $0.15
True Range: $0.10
HV 20: 8.8%
HV 30: 8.6%
HV 60: 12.4%

Data Summary
Data Points: 500
Last Updated: 2026-06-12T21:15:11.166000
Date Range: 2024-06-14T00:00:00 – 2026-06-12T00:00:00
AI Analysis

Choose Frenzy-Fast™ for quick analysis or Frenzy-Pro™ for comprehensive analysis.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
Options Activity
Loading options activity...
Spread Scanner GPU

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR25 and BF25 from the live options chain. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Volatility Surface

Enter a ticker to render the implied volatility surface.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Beta (1Y vs SPY)
0.44
Correlation (SPY)
54.3%
0.30
Ann. Volatility
10.1%
SPY Volatility
12.3%

Low volatility - stock moves less than market

Beta & Alpha Over Time
Institutional Ownership (13F)
Latest filings — 2026-03-31

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

63 filers4,245,066 shares$58.74M value
# Filer Shares Value % of Total % of Float Period
1 UBS Group AG Custodian 1,231,253 $17.53M 29.85% 2026-03-31
2 MORGAN STANLEY Custodian 783,453 $11.29M 19.22% 2025-12-31
3 LPL Financial LLC Custodian 315,690 $4.50M 7.65% 2026-03-31
4 Invesco Ltd. Custodian 214,959 $3.06M 5.21% 2026-03-31
5 AMERIPRISE FINANCIAL INC Custodian 168,263 $2.40M 4.08% 2026-03-31
6 Cetera Investment Advisers 166,660 $2.37M 4.04% 2026-03-31
7 ROYAL BANK OF CANADA Custodian 164,919 $2.35M 4.00% 2026-03-31
8 BANK OF AMERICA CORP /DE/ Custodian 147,001 $2.09M 3.56% 2026-03-31
9 GUGGENHEIM CAPITAL LLC 112,890 $1.61M 2.74% 2026-03-31
10 Fiera Capital Corp 110,697 $1.58M 2.68% 2026-03-31
11 Pine Valley Investments Ltd Liability Co 62,232 $886.18K 1.51% 2026-03-31
12 Activest Wealth Management 58,589 $834.30K 1.42% 2026-03-31
13 COMMONWEALTH EQUITY SERVICES, LLC 52,131 $742.35K 1.26% 2026-03-31
14 Sowell Financial Services LLC 48,105 $685.01K 1.17% 2026-03-31
15 OSAIC HOLDINGS, INC. Custodian 47,516 $676.65K 1.15% 2026-03-31
16 WELLS FARGO & COMPANY/MN Custodian 40,475 $576.36K 0.98% 2026-03-31
17 Live Oak Private Wealth LLC 38,630 $550.09K 0.94% 2026-03-31
18 Western Wealth Management, LLC 32,208 $458.64K 0.78% 2026-03-31
19 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 26,580 $383.28K 0.65% 2026-03-31
20 Arkfeld Wealth Strategies, L.L.C. 25,464 $368.21K 0.63% 2026-03-31
21 Post Resch Tallon Group Inc. 25,809 $364.69K 0.62% 2026-03-31
22 Gladstone Institutional Advisory LLC 20,706 $294.86K 0.50% 2026-03-31
23 HARBOUR INVESTMENTS, INC. 19,353 $275.59K 0.47% 2026-03-31
24 NewEdge Advisors, LLC 17,600 $250.62K 0.43% 2026-03-31
25 RAYMOND JAMES FINANCIAL INC Custodian 17,177 $244.60K 0.42% 2026-03-31
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Insider Activity
Latest: 2026-05-07
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-05-07 Christine Hurtsellers Director Buy (P) +808 $14.83 $12.0K EDGAR
2026-01-27 Kenneth J Phelan Director Buy (P) +682 $14.65 $10.0K EDGAR
2025-04-09 Thomas Rowe Wright Director Buy (P) +794 $13.79 $10.9K EDGAR
2025-01-15 William K Bacic Buy (P) +706 $14.25 $10.1K EDGAR
2024-12-26 Noni L Ellison Buy (P) +740 $15.26 $11.3K EDGAR
2024-01-04 Dean Garfield Director Buy (P) +1,169 $13.88 $16.2K EDGAR
2023-10-16 Noni L Ellison Director Buy (P) +879 $12.60 $11.1K EDGAR
2022-08-09 STEVEN R PRUCHANSKY Sell (S) −2,698 $17.09 -$46.1K EDGAR
2020-11-18 FRANCES G RATHKE Buy (P) +596 $16.77 $10.0K EDGAR
2019-10-17 STEVEN R PRUCHANSKY Buy (P) +185 $19.03 $3.5K EDGAR
2018-07-26 STEVEN R PRUCHANSKY Buy (P) +269 $18.56 $5.0K EDGAR
2017-08-02 STEVEN R PRUCHANSKY Buy (P) +200 $18.97 $3.8K EDGAR
2016-10-03 HASSELL H MCCLELLAN Sell (S) −182 $19.27 -$3.5K EDGAR
2016-09-01 STEVEN R PRUCHANSKY Buy (P) +125 $20.04 $2.5K EDGAR
2016-01-04 James Boyle Buy (P) +848 $17.71 $15.0K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
Insider Holdings
23 insiders · @ $14.34
Officers, directors, and 10%+ owners ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 STEVEN R PRUCHANSKY 2,013 $28.9K -$17.4K 10 2022-08-09
2 Noni Ellison McKee Director 1,633 $23.4K $22.4K 2 2024-12-26
3 Dean Garfield Director 1,169 $16.8K $16.2K 1 2024-01-04
4 Craig Bromley 1,100 $15.8K $21.6K 1 2013-04-04
5 James Boyle 848 $12.2K $15.0K 1 2016-01-04
6 JAMES M OATES 842 $12.1K $3.0K 2 2014-02-10
7 Gregory A Russo 828 $11.9K $11.4K 3 2013-01-17
8 Christine Hurtsellers Director 808 $11.6K $12.0K 1 2026-05-07
9 Thomas Rowe Wright Director 794 $11.4K $10.9K 1 2025-04-09
10 Charles L Bardelis 754 $10.8K $8.5K 2 2013-11-18
11 PETER S BURGESS 738 $10.6K $13.0K 2 2013-11-15
12 William K Bacic 706 $10.1K $10.1K 1 2025-01-15
13 Deborah C Jackson 703 $10.1K $15.6K 4 2013-11-25
14 WILLIAM H DR CUNNINGHAM 703 $10.1K $10.8K 4 2013-11-19
15 THERON S HOFFMAN 696 $10.0K $412 1 2013-11-19
16 Kenneth J Phelan Director 682 $9.8K $10.0K 1 2026-01-27
17 GRACE K FEY 647 $9.3K $1.7K 1 2013-11-12
18 HASSELL H MCCLELLAN 634 $9.1K $8.4K 3 2016-10-03
19 FRANCES G RATHKE 596 $8.5K $10.0K 1 2020-11-18
20 Hugh McHaffie 500 $7.2K $12.0K 1 2010-11-05
21 John G Vrysen COO of the Fund 400 $5.7K -$8.2K 4 2012-11-26
22 JOHN A /MA/ MOORE 350 $5.0K $5.0K 1 2011-03-23
23 Stanley Martin 300 $4.3K $2.9K 1 2008-12-24
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
ETF Holders
# ETF Provider Weight $ Exposure ETF AUM As Of
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.