JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) is Brown Financial Advisors’ 8th Largest Position

Brown Financial Advisors decreased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 26.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 94,840 shares of the company’s stock after selling 34,522 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF comprises approximately 2.4% of Brown Financial Advisors’ holdings, making the stock its 8th biggest holding. Brown Financial Advisors owned about 0.88% of JPMorgan Hedged Equity Laddered Overlay ETF worth $5,884,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. CAP Partners LLC boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.8% during the 3rd quarter. CAP Partners LLC now owns 4,666 shares of the company’s stock valued at $285,000 after buying an additional 257 shares during the last quarter. BCGM Wealth Management LLC raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 5.0% in the fourth quarter. BCGM Wealth Management LLC now owns 5,826 shares of the company’s stock valued at $361,000 after acquiring an additional 278 shares in the last quarter. John W. Brooker & Co. CPAs boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 1.5% during the 4th quarter. John W. Brooker & Co. CPAs now owns 18,304 shares of the company’s stock valued at $1,136,000 after acquiring an additional 279 shares during the last quarter. Sanctuary Advisors LLC grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 4.1% during the 4th quarter. Sanctuary Advisors LLC now owns 8,999 shares of the company’s stock worth $566,000 after acquiring an additional 356 shares in the last quarter. Finally, Truist Financial Corp increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7.2% in the 4th quarter. Truist Financial Corp now owns 5,685 shares of the company’s stock worth $353,000 after purchasing an additional 384 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO stock opened at $62.61 on Tuesday. The stock has a market capitalization of $678.07 million, a price-to-earnings ratio of 24.88 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $54.24 and a one year high of $63.81. The company’s 50-day simple moving average is $62.75 and its 200-day simple moving average is $61.78.

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.