Truist Financial Corp Increases Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Truist Financial Corp grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 210.4% in the second quarter, Holdings Channel.com reports. The institutional investor owned 17,603 shares of the company’s stock after acquiring an additional 11,932 shares during the quarter. Truist Financial Corp’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $1,102,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Essex Savings Bank raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 2.9% in the first quarter. Essex Savings Bank now owns 8,797 shares of the company’s stock valued at $525,000 after buying an additional 247 shares during the last quarter. BCGM Wealth Management LLC raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 4.6% in the first quarter. BCGM Wealth Management LLC now owns 6,093 shares of the company’s stock valued at $364,000 after buying an additional 267 shares during the last quarter. Resurgent Financial Advisors LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.0% during the first quarter. Resurgent Financial Advisors LLC now owns 6,928 shares of the company’s stock worth $413,000 after acquiring an additional 332 shares during the period. Hazlett Burt & Watson Inc. increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 1,179.4% during the first quarter. Hazlett Burt & Watson Inc. now owns 435 shares of the company’s stock worth $26,000 after acquiring an additional 401 shares during the period. Finally, Smartleaf Asset Management LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 1.4% during the first quarter. Smartleaf Asset Management LLC now owns 31,072 shares of the company’s stock worth $1,851,000 after acquiring an additional 442 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 1.2%

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $64.28 on Monday. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $56.11 and a 52-week high of $65.25. The company’s 50-day simple moving average is $64.39 and its 200-day simple moving average is $62.17. The firm has a market cap of $3.40 billion, a price-to-earnings ratio of 25.99 and a beta of 0.56.

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.