51,079 Shares in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Purchased by Bright Futures Wealth Management LLC.

Bright Futures Wealth Management LLC. purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 51,079 shares of the company’s stock, valued at approximately $3,218,000. JPMorgan Hedged Equity Laddered Overlay ETF comprises 2.9% of Bright Futures Wealth Management LLC.’s portfolio, making the stock its 5th largest position. Bright Futures Wealth Management LLC. owned approximately 0.47% of JPMorgan Hedged Equity Laddered Overlay ETF as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in HELO. Lowe Wealth Advisors LLC increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 81.7% during the fourth quarter. Lowe Wealth Advisors LLC now owns 1,501 shares of the company’s stock valued at $93,000 after acquiring an additional 675 shares during the last quarter. Claro Advisors LLC purchased a new position 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 in the third quarter valued at approximately $223,000. Monterey Private Wealth Inc. purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at approximately $227,000. Finally, MCIA Inc purchased 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 Stock Up 0.6 %

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $63.26 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 company has a 50 day moving average of $62.74 and a 200 day moving average of $61.45. The company has a market capitalization of $685.11 million, a P/E ratio of 24.88 and a beta of 0.56.

About JPMorgan Hedged Equity Laddered Overlay ETF

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.