Apollon Wealth Management LLC Has $3.61 Million Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Apollon Wealth Management LLC raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 187.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 58,151 shares of the company’s stock after buying an additional 37,916 shares during the period. Apollon Wealth Management LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $3,608,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Lowe Wealth Advisors LLC increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 81.7% in the fourth quarter. Lowe Wealth Advisors LLC now owns 1,501 shares of the company’s stock valued at $93,000 after purchasing an additional 675 shares during the last quarter. Claro Advisors LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at about $205,000. NBC Securities Inc. acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at about $223,000. Monterey Private Wealth Inc. acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at about $227,000. Finally, MCIA Inc acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at about $230,000.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Down 0.6 %

NYSEARCA HELO opened at $62.76 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $54.10 and a 1-year high of $63.50. The company has a 50 day moving average of $62.76 and a 200-day moving average of $61.34. The company has a market cap of $679.69 million, a price-to-earnings ratio of 24.88 and a beta of 0.56.

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.