JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Short Interest Update

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 136,962 shares, an increase of 84.5% from the December 15th total of 74,229 shares. Based on an average trading volume of 208,905 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the shares of the stock are short sold. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 208,905 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Brookstone Capital Management raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 22.8% in the fourth quarter. Brookstone Capital Management now owns 240,598 shares of the company’s stock valued at $15,983,000 after buying an additional 44,712 shares during the last quarter. Orrstown Financial Services Inc. grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 3.2% during the 4th quarter. Orrstown Financial Services Inc. now owns 119,354 shares of the company’s stock valued at $7,929,000 after purchasing an additional 3,655 shares during the last quarter. Longview Financial Advisors LLC increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 9.1% in the fourth quarter. Longview Financial Advisors LLC now owns 250,745 shares of the company’s stock valued at $16,657,000 after purchasing an additional 20,896 shares during the period. Dakota Wealth Management purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at approximately $529,000. Finally, CoreCap Advisors LLC lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 14.6% during the 4th quarter. CoreCap Advisors LLC now owns 5,261 shares of the company’s stock valued at $349,000 after acquiring an additional 670 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.0%

HELO traded up $0.01 during trading hours on Thursday, reaching $66.78. 259,281 shares of the company’s stock traded hands, compared to its average volume of 317,706. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $56.11 and a 52-week high of $67.18. The firm has a market capitalization of $3.69 billion, a PE ratio of 25.99 and a beta of 0.58. The firm has a 50-day moving average price of $66.14 and a 200 day moving average price of $64.89.

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. The fund aims for enhanced risk-adjusted return over a full market cycle with lower volatility than traditional equity strategies HELO was launched on Sep 28, 2023 and is issued by JPMorgan Chase.