Partners Wealth Management LLC Makes New Investment in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Partners Wealth Management LLC acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 11,846 shares of the company’s stock, valued at approximately $735,000.

A number of other hedge funds and other institutional investors have also modified their holdings of HELO. Strategic Financial Concepts LLC increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 10,269.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 2,029,675 shares of the company’s stock valued at $125,921,000 after buying an additional 2,010,101 shares during the last quarter. Legacy Financial Group LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 978.8% during the 4th quarter. Legacy Financial Group LLC now owns 895,479 shares of the company’s stock worth $55,556,000 after acquiring an additional 812,471 shares in the last quarter. Forvis Mazars Wealth Advisors LLC increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 43.3% in the 4th quarter. Forvis Mazars Wealth Advisors LLC now owns 1,385,589 shares of the company’s stock valued at $85,962,000 after acquiring an additional 418,404 shares during the last quarter. Legacy CG LLC raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 4,462.7% during the 4th quarter. Legacy CG LLC now owns 273,215 shares of the company’s stock worth $16,950,000 after acquiring an additional 267,227 shares in the last quarter. Finally, SK Wealth Management LLC acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter worth about $16,732,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 1.3 %

Shares of HELO opened at $62.85 on Monday. The company has a market capitalization of $680.67 million, a price-to-earnings ratio of 24.88 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $54.24 and a 52-week high of $63.81. The stock has a 50 day moving average price of $62.76 and a 200 day moving average price of $61.74.

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.