Indie Asset Partners LLC Cuts Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Indie Asset Partners LLC lessened its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 8.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,214 shares of the company’s stock after selling 1,078 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF comprises approximately 0.6% of Indie Asset Partners LLC’s holdings, making the stock its 29th biggest holding. Indie Asset Partners LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $669,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Hazlett Burt & Watson Inc. raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 1,179.4% in the 1st quarter. Hazlett Burt & Watson Inc. now owns 435 shares of the company’s stock valued at $26,000 after acquiring an additional 401 shares during the period. Parallel Advisors LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 1st quarter worth $30,000. AE Wealth Management LLC increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 52.2% during the 1st quarter. AE Wealth Management LLC now owns 1,679 shares of the company’s stock worth $100,000 after buying an additional 576 shares during the period. Lowe Wealth Advisors LLC increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 39.6% during the 1st quarter. Lowe Wealth Advisors LLC now owns 2,095 shares of the company’s stock worth $125,000 after buying an additional 594 shares during the period. Finally, Stonebridge Financial Group LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 1st quarter worth $138,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $63.45 on Tuesday. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $55.83 and a 12-month high of $63.81. The company has a market capitalization of $3.29 billion, a price-to-earnings ratio of 25.99 and a beta of 0.56. The firm’s fifty day moving average price is $62.24 and its 200 day moving average price is $61.34.

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.