JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Shares Bought by LPL Financial LLC

LPL Financial LLC lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 99.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,193,554 shares of the company’s stock after acquiring an additional 596,418 shares during the quarter. LPL Financial LLC owned about 0.11% of JPMorgan Hedged Equity Laddered Overlay ETF worth $74,048,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in HELO. Harbour Investments Inc. lifted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 46.7% during the fourth quarter. Harbour Investments Inc. now owns 647 shares of the company’s stock worth $40,000 after purchasing 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 about $45,000. Lowe Wealth Advisors LLC lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 81.7% during the 4th 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 holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 670.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,919 shares of the company’s stock worth $119,000 after acquiring an additional 1,670 shares during the period. Finally, Whipplewood Advisors LLC acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at approximately $175,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.7 %

HELO opened at $60.44 on Thursday. The firm’s 50 day moving average is $62.15 and its 200-day moving average is $62.01. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $54.24 and a 52-week high of $63.81. The firm has a market capitalization of $2.75 billion, a P/E ratio of 25.69 and a beta of 0.56.

JPMorgan Hedged Equity Laddered Overlay ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th will be issued a $0.088 dividend. The ex-dividend date is Tuesday, March 25th. This is a positive change from JPMorgan Hedged Equity Laddered Overlay ETF’s previous dividend of $0.08.

About JPMorgan Hedged Equity Laddered Overlay ETF

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.