Essex Savings Bank Acquires 4,330 Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Essex Savings Bank boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 102.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,550 shares of the company’s stock after acquiring an additional 4,330 shares during the quarter. Essex Savings Bank owned 0.08% of JPMorgan Hedged Equity Laddered Overlay ETF worth $530,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HELO. Envestnet Asset Management Inc. increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 232.7% in the second quarter. Envestnet Asset Management Inc. now owns 414,491 shares of the company’s stock valued at $24,273,000 after buying an additional 289,914 shares during the period. Thrivent Financial for Lutherans increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 133.8% in the second quarter. Thrivent Financial for Lutherans now owns 90,869 shares of the company’s stock worth $5,321,000 after purchasing an additional 52,002 shares in the last quarter. Daymark Wealth Partners LLC lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 7.2% in the second quarter. Daymark Wealth Partners LLC now owns 174,675 shares of the company’s stock valued at $10,229,000 after buying an additional 11,759 shares during the period. Susquehanna International Group LLP boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 334.8% during the 2nd quarter. Susquehanna International Group LLP now owns 65,472 shares of the company’s stock worth $3,834,000 after buying an additional 50,413 shares in the last quarter. Finally, Silver Lake Advisory LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter worth approximately $13,184,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 1.2 %

NYSEARCA:HELO opened at $62.52 on Thursday. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $52.88 and a twelve month high of $63.42. The company has a fifty day moving average of $62.68 and a 200-day moving average of $60.87. The firm has a market capitalization of $677.09 million, a P/E ratio of 24.88 and a beta of 0.56.

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.