Gradient Investments LLC Lowers Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Gradient Investments LLC decreased its position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 27.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,184,161 shares of the company’s stock after selling 444,444 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF comprises 1.5% of Gradient Investments LLC’s investment portfolio, making the stock its 15th biggest position. Gradient Investments LLC owned approximately 0.11% of JPMorgan Hedged Equity Laddered Overlay ETF worth $73,465,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Lowe Wealth Advisors LLC grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 81.9% during the 3rd quarter. Lowe Wealth Advisors LLC now owns 826 shares of the company’s stock valued at $51,000 after acquiring an additional 372 shares during the period. Centaurus Financial Inc. grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 49.7% in the second quarter. Centaurus Financial Inc. now owns 2,724 shares of the company’s stock valued at $159,000 after purchasing an additional 904 shares during the period. Claro Advisors LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at approximately $205,000. NBC Securities Inc. purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at approximately $223,000. Finally, Monterey Private Wealth Inc. acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at $227,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

NYSEARCA:HELO opened at $63.35 on Friday. The stock has a market capitalization of $686.08 million, a PE ratio of 24.88 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $53.60 and a fifty-two week high of $63.50. The company has a fifty day moving average of $62.69 and a two-hundred day moving average of $61.04.

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.