Forvis Mazars Wealth Advisors LLC Increases Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Forvis Mazars Wealth Advisors LLC grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 36.7% during the first quarter, HoldingsChannel reports. The firm owned 1,894,647 shares of the company’s stock after purchasing an additional 509,058 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF accounts for approximately 2.7% of Forvis Mazars Wealth Advisors LLC’s holdings, making the stock its 7th biggest position. Forvis Mazars Wealth Advisors LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $113,073,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Mariner LLC lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 9.3% during the 4th quarter. Mariner LLC now owns 236,438 shares of the company’s stock valued at $14,669,000 after acquiring an additional 20,065 shares during the period. United Capital Financial Advisors LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter valued at about $789,000. NewEdge Advisors LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter valued at about $659,000. Allred Capital Management LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter valued at about $387,000. Finally, MML Investors Services LLC lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 15.6% during the 4th quarter. MML Investors Services LLC now owns 331,492 shares of the company’s stock valued at $20,566,000 after acquiring an additional 44,675 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA HELO opened at $63.94 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $56.11 and a 1 year high of $64.17. The stock has a market cap of $3.40 billion, a P/E ratio of 25.99 and a beta of 0.56. The firm has a 50-day moving average of $62.86 and a 200 day moving average of $61.43.

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.