WealthPLAN Partners LLC Sells 7,131 Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

WealthPLAN Partners LLC lowered its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 4.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 160,629 shares of the company’s stock after selling 7,131 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF makes up about 1.4% of WealthPLAN Partners LLC’s investment portfolio, making the stock its 13th biggest position. WealthPLAN Partners LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $9,965,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 10,269.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 2,029,675 shares of the company’s stock worth $125,921,000 after purchasing an additional 2,010,101 shares during the last quarter. Legacy Financial Group LLC raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 978.8% in the fourth quarter. Legacy Financial Group LLC now owns 895,479 shares of the company’s stock worth $55,556,000 after purchasing an additional 812,471 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 40.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 881,103 shares of the company’s stock worth $53,871,000 after purchasing an additional 253,875 shares during the last quarter. HighTower Advisors LLC raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 35.8% in the third quarter. HighTower Advisors LLC now owns 635,560 shares of the company’s stock worth $38,820,000 after purchasing an additional 167,439 shares during the last quarter. Finally, Peterson Wealth Advisors LLC raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7.7% in the fourth quarter. Peterson Wealth Advisors LLC now owns 598,273 shares of the company’s stock worth $37,332,000 after purchasing an additional 42,666 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.3 %

Shares of NYSEARCA:HELO opened at $63.42 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $54.24 and a 52-week high of $63.50. The stock has a market cap of $686.84 million, a price-to-earnings ratio of 24.88 and a beta of 0.56. The business has a 50-day moving average price of $62.74 and a 200-day moving average price of $61.46.

JPMorgan Hedged Equity Laddered Overlay ETF 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.