MN Wealth Advisors LLC Raises Stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

MN Wealth Advisors LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 16.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 15,376 shares of the company’s stock after buying an additional 2,220 shares during the period. MN Wealth Advisors LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $954,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Lowe Wealth Advisors LLC increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 81.7% in the 4th quarter. Lowe Wealth Advisors LLC now owns 1,501 shares of the company’s stock worth $93,000 after acquiring an additional 675 shares during the last quarter. Claro Advisors LLC bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter worth about $205,000. NBC Securities Inc. bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter worth about $223,000. Monterey Private Wealth Inc. bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter worth about $227,000. Finally, MCIA Inc bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter worth about $230,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.3 %

Shares of NYSEARCA HELO opened at $63.42 on Friday. The firm has a market capitalization of $686.84 million, a P/E ratio of 24.88 and a beta of 0.56. The stock’s 50-day simple moving average is $62.74 and its two-hundred day simple moving average is $61.52. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $54.24 and a twelve month high of $63.50.

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.