Raymond James Financial Inc. Invests $72.68 Million in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Raymond James Financial Inc. acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,171,513 shares of the company’s stock, valued at approximately $72,681,000. Raymond James Financial Inc. owned approximately 10.82% of JPMorgan Hedged Equity Laddered Overlay ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of HELO. Strategic Financial Concepts LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 10,269.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 2,029,675 shares of the company’s stock worth $125,921,000 after purchasing an additional 2,010,101 shares in the last quarter. Dynasty Wealth Management LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter worth $63,630,000. Legacy Financial Group LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 978.8% in the 4th quarter. Legacy Financial Group LLC now owns 895,479 shares of the company’s stock worth $55,556,000 after purchasing an additional 812,471 shares in the last quarter. Forvis Mazars Wealth Advisors LLC increased its stake 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 worth $85,962,000 after purchasing an additional 418,404 shares in the last quarter. Finally, Legacy CG LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 4,462.7% in the 4th quarter. Legacy CG LLC now owns 273,215 shares of the company’s stock worth $16,950,000 after purchasing an additional 267,227 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

NYSEARCA:HELO opened at $61.36 on Monday. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $54.24 and a one year high of $63.81. The firm has a market capitalization of $2.78 billion, a price-to-earnings ratio of 26.59 and a beta of 0.56. The business has a fifty day moving average price of $62.59 and a 200-day moving average price of $61.95.

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.