Redhawk Wealth Advisors Inc. Boosts Stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Redhawk Wealth Advisors Inc. increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 6.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 195,320 shares of the company’s stock after acquiring an additional 11,323 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF comprises approximately 1.6% of Redhawk Wealth Advisors Inc.’s portfolio, making the stock its 14th largest position. Redhawk Wealth Advisors Inc. owned about 1.80% of JPMorgan Hedged Equity Laddered Overlay ETF worth $12,118,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Lowe Wealth Advisors LLC lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 81.9% during the third quarter. Lowe Wealth Advisors LLC now owns 826 shares of the company’s stock worth $51,000 after purchasing an additional 372 shares during the last quarter. Centaurus Financial Inc. raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 49.7% during the 2nd quarter. Centaurus Financial Inc. now owns 2,724 shares of the company’s stock valued at $159,000 after buying an additional 904 shares in the last quarter. Claro Advisors LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter worth approximately $205,000. NBC Securities Inc. purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth approximately $223,000. Finally, MCIA Inc bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter valued at approximately $230,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

HELO stock opened at $62.52 on Thursday. The company has a market capitalization of $677.09 million, a PE ratio of 24.88 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $52.88 and a one year high of $63.42. The company’s 50 day moving average price is $62.68 and its two-hundred day moving average price is $60.87.

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.