Convergence Financial LLC Acquires 2,027 Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Convergence Financial LLC grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 8.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,071 shares of the company’s stock after acquiring an additional 2,027 shares during the period. Convergence Financial LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $1,679,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Lowe Wealth Advisors LLC lifted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 81.7% during the 4th quarter. Lowe Wealth Advisors LLC now owns 1,501 shares of the company’s stock worth $93,000 after purchasing an additional 675 shares in the last quarter. Whipplewood Advisors LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter valued at about $175,000. Claro Advisors LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter worth about $205,000. IFP Advisors Inc boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 956.2% in the fourth quarter. IFP Advisors Inc now owns 3,475 shares of the company’s stock valued at $216,000 after acquiring an additional 3,146 shares during the period. Finally, MCIA Inc bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at approximately $230,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA:HELO opened at $62.39 on Thursday. The company has a market cap of $675.68 million, a price-to-earnings ratio of 24.88 and a beta of 0.56. The firm has a fifty day moving average price of $62.74 and a two-hundred day moving average price of $61.81. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $54.24 and a one year high of $63.81.

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.