Independent Advisor Alliance Takes $1.14 Million Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Independent Advisor Alliance purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 18,325 shares of the company’s stock, valued at approximately $1,137,000. Independent Advisor Alliance owned about 0.17% of JPMorgan Hedged Equity Laddered Overlay ETF at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Coordinated Financial Services Inc. purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at approximately $959,000. Axis Wealth Partners LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter valued at about $348,000. Oak Harbor Wealth Partners LLC grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 106.9% in the fourth quarter. Oak Harbor Wealth Partners LLC now owns 42,355 shares of the company’s stock valued at $2,628,000 after purchasing an additional 21,888 shares during the period. Raymond James Financial Inc. acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth about $72,681,000. Finally, Assetmark Inc. purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth about $45,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

NYSEARCA:HELO opened at $60.49 on Friday. The company’s 50-day moving average is $62.40 and its two-hundred day moving average is $61.95. The firm has a market capitalization of $2.74 billion, a price-to-earnings ratio of 26.59 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $54.24 and a 1-year high of $63.81.

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.