Modern Wealth Management LLC Takes $15.01 Million Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Modern Wealth Management LLC bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 238,139 shares of the company’s stock, valued at approximately $15,010,000. Modern Wealth Management LLC owned about 2.20% of JPMorgan Hedged Equity Laddered Overlay ETF at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of HELO. Harbour Investments Inc. lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 46.7% during the 4th quarter. Harbour Investments Inc. now owns 647 shares of the company’s stock worth $40,000 after buying an additional 206 shares in the last quarter. Assetmark Inc. purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter valued at approximately $45,000. Lowe Wealth Advisors LLC lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 81.7% during the fourth quarter. Lowe Wealth Advisors LLC now owns 1,501 shares of the company’s stock worth $93,000 after acquiring an additional 675 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 670.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,919 shares of the company’s stock valued at $119,000 after acquiring an additional 1,670 shares during the period. Finally, Whipplewood Advisors LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth approximately $175,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA:HELO opened at $61.01 on Tuesday. The firm has a fifty day moving average price of $62.21 and a two-hundred day moving average price of $62.00. The company has a market cap of $2.78 billion, a price-to-earnings ratio of 25.69 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.

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.