Financial Management Professionals Inc. Buys 21,597 Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Financial Management Professionals Inc. grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 50.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 64,725 shares of the company’s stock after buying an additional 21,597 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF accounts for about 0.5% of Financial Management Professionals Inc.’s holdings, making the stock its 26th biggest holding. Financial Management Professionals Inc. owned 0.14% of JPMorgan Hedged Equity Laddered Overlay ETF worth $3,863,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. DAVENPORT & Co LLC increased its position in JPMorgan Hedged Equity Laddered Overlay ETF by 184.6% during the 4th quarter. DAVENPORT & Co LLC now owns 17,157 shares of the company’s stock valued at $1,064,000 after purchasing an additional 11,129 shares during the period. Pennsylvania Capital Management Inc. ADV raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 321.8% in the 4th quarter. Pennsylvania Capital Management Inc. ADV now owns 95,233 shares of the company’s stock worth $5,908,000 after acquiring an additional 72,654 shares in the last quarter. Stephens Consulting LLC lifted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 11.3% in the 4th quarter. Stephens Consulting LLC now owns 85,271 shares of the company’s stock valued at $5,290,000 after purchasing an additional 8,657 shares during the period. HTG Investment Advisors Inc. acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at about $931,000. Finally, Stratos Wealth Partners LTD. boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 21.8% during the 4th quarter. Stratos Wealth Partners LTD. now owns 29,889 shares of the company’s stock valued at $1,854,000 after purchasing an additional 5,348 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.3%

Shares of HELO stock opened at $61.52 on Wednesday. The firm has a 50 day moving average of $59.57 and a 200-day moving average of $61.40. The company has a market cap of $3.15 billion, a price-to-earnings ratio of 25.43 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $55.83 and a 52 week 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.