MML Investors Services LLC Buys 44,675 Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

MML Investors Services LLC raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 15.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 331,492 shares of the company’s stock after purchasing an additional 44,675 shares during the period. MML Investors Services LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $20,566,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Strategic Financial Concepts LLC boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 10,269.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,029,675 shares of the company’s stock valued at $125,921,000 after buying an additional 2,010,101 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 10.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 1,538,267 shares of the company’s stock worth $95,434,000 after acquiring an additional 144,949 shares in the last quarter. Forvis Mazars Wealth Advisors LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 43.3% during the 4th quarter. Forvis Mazars Wealth Advisors LLC now owns 1,385,589 shares of the company’s stock valued at $85,962,000 after acquiring an additional 418,404 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 296.6% in the fourth quarter. JPMorgan Chase & Co. now owns 1,361,256 shares of the company’s stock valued at $84,452,000 after purchasing an additional 1,018,000 shares in the last quarter. Finally, LPL Financial LLC increased its position in JPMorgan Hedged Equity Laddered Overlay ETF by 99.9% in the fourth quarter. LPL Financial LLC now owns 1,193,554 shares of the company’s stock worth $74,048,000 after purchasing an additional 596,418 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Down 0.6 %

Shares of NYSEARCA HELO opened at $57.68 on Tuesday. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $54.35 and a 12-month high of $63.81. The firm’s 50-day moving average price is $60.34 and its 200-day moving average price is $61.73. The stock has a market capitalization of $2.68 billion, a price-to-earnings ratio of 24.02 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.