JPMorgan Chase & Co. Raises Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

JPMorgan Chase & Co. grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 35.4% in the 3rd quarter, Holdings Channel reports. The firm owned 343,256 shares of the company’s stock after purchasing an additional 89,742 shares during the period. JPMorgan Chase & Co.’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $20,987,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Lowe Wealth Advisors LLC raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 81.9% in the third quarter. Lowe Wealth Advisors LLC now owns 826 shares of the company’s stock worth $51,000 after buying an additional 372 shares in the last quarter. Centaurus Financial Inc. grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 49.7% during the 2nd quarter. Centaurus Financial Inc. now owns 2,724 shares of the company’s stock worth $159,000 after acquiring an additional 904 shares during the period. Madison Wealth Partners Inc purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter worth approximately $218,000. NBC Securities Inc. bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter worth approximately $223,000. Finally, MCIA Inc purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter valued at approximately $230,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.2 %

NYSEARCA HELO opened at $62.34 on Thursday. The stock’s 50 day moving average is $62.63 and its 200 day moving average is $60.76. The firm has a market capitalization of $675.14 million, a PE ratio of 24.88 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $52.80 and a twelve month high of $63.42.

JPMorgan Hedged Equity Laddered Overlay ETF Company Profile

The JPMorgan Hedged Equity Laddered Overlay ETF JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages a large-cap US equity portfolio with a laddered options overlay that seeks to provide downside protection, while foregoing some upside potential.