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

Vertex Planning Partners LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 238,146 shares of the company’s stock, valued at approximately $14,775,000. JPMorgan Hedged Equity Laddered Overlay ETF comprises about 3.3% of Vertex Planning Partners LLC’s investment portfolio, making the stock its 5th biggest holding.

Other large investors have also made changes to their positions in the company. Tyler Stone Wealth Management increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 77.6% in the 4th quarter. Tyler Stone Wealth Management now owns 58,702 shares of the company’s stock valued at $3,642,000 after acquiring an additional 25,656 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth about $542,000. Stifel Financial Corp bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at $934,000. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 35.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 343,256 shares of the company’s stock valued at $20,987,000 after purchasing an additional 89,742 shares during the period. Finally, Sincerus Advisory LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter worth approximately $1,804,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

NYSEARCA:HELO opened at $60.30 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $54.24 and a fifty-two week high of $63.81. The stock has a market cap of $2.75 billion, a PE ratio of 25.69 and a beta of 0.56. The stock’s 50-day moving average is $62.10 and its two-hundred day moving average is $61.99.

JPMorgan Hedged Equity Laddered Overlay ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a $0.088 dividend. This is a positive change from JPMorgan Hedged Equity Laddered Overlay ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Tuesday, March 25th.

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.