JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Holdings Boosted by Sugarloaf Wealth Management LLC

Sugarloaf Wealth Management LLC raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 8.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 208,650 shares of the company’s stock after buying an additional 16,655 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF accounts for 2.2% of Sugarloaf Wealth Management LLC’s portfolio, making the stock its 12th biggest position. Sugarloaf Wealth Management LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $12,945,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Lowe Wealth Advisors LLC lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 81.9% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 826 shares of the company’s stock valued at $51,000 after purchasing an additional 372 shares during the last quarter. Centaurus Financial Inc. increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 49.7% in the second quarter. Centaurus Financial Inc. now owns 2,724 shares of the company’s stock valued at $159,000 after purchasing an additional 904 shares during the period. Madison Wealth Partners Inc bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the second quarter valued at approximately $218,000. NBC Securities Inc. bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter valued at approximately $223,000. Finally, MCIA Inc acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth approximately $230,000.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Down 0.9 %

HELO traded down $0.57 during trading hours on Friday, hitting $61.77. The company’s stock had a trading volume of 207,422 shares, compared to its average volume of 494,925. The company has a 50-day simple moving average of $62.66 and a 200 day simple moving average of $60.77. The firm has a market capitalization of $668.97 million, a PE ratio of 24.88 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $52.88 and a fifty-two week high of $63.42.

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.