Kestra Private Wealth Services LLC Acquires 90,585 Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Kestra Private Wealth Services LLC boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 178.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 141,439 shares of the company’s stock after purchasing an additional 90,585 shares during the period. Kestra Private Wealth Services LLC owned about 1.31% of JPMorgan Hedged Equity Laddered Overlay ETF worth $8,775,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at about $542,000. Stifel Financial Corp bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at approximately $934,000. JPMorgan Chase & Co. increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 35.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 343,256 shares of the company’s stock worth $20,987,000 after purchasing an additional 89,742 shares during the last quarter. Blue Trust Inc. bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter worth approximately $325,000. Finally, NBC Securities Inc. acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter valued at approximately $223,000.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Down 0.6 %

Shares of HELO opened at $62.76 on Monday. The company’s fifty day simple moving average is $62.76 and its 200 day simple moving average is $61.35. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $54.10 and a 1-year high of $63.50. The company has a market cap of $679.69 million, a price-to-earnings ratio of 24.88 and a beta of 0.56.

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.