Stonebridge Financial Group LLC Takes $138,000 Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Stonebridge Financial Group LLC acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the 1st quarter, HoldingsChannel reports. The institutional investor acquired 2,317 shares of the company’s stock, valued at approximately $138,000.

A number of other large investors also recently bought and sold shares of the business. Envestnet Asset Management Inc. boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 10.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,538,267 shares of the company’s stock valued at $95,434,000 after buying an additional 144,949 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 36.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,404,053 shares of the company’s stock valued at $83,794,000 after acquiring an additional 372,471 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in 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 acquiring an additional 1,018,000 shares in the last quarter. LPL Financial LLC grew its holdings 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. Finally, Raymond James Financial Inc. purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter worth $72,681,000.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 0.3%

Shares of HELO stock opened at $62.54 on Monday. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $55.83 and a 12-month high of $63.81. The business’s fifty day simple moving average is $60.87 and its 200-day simple moving average is $61.26. The company has a market cap of $3.24 billion, a PE ratio of 25.10 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.