Milestone Investment Advisors LLC Increases Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Milestone Investment Advisors LLC raised its position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 26.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 94,236 shares of the company’s stock after buying an additional 19,429 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF comprises 1.6% of Milestone Investment Advisors LLC’s investment portfolio, making the stock its 19th biggest position. Milestone Investment Advisors LLC owned approximately 0.87% of JPMorgan Hedged Equity Laddered Overlay ETF worth $5,846,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Harbour Investments Inc. raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 46.7% during the 4th quarter. Harbour Investments Inc. now owns 647 shares of the company’s stock worth $40,000 after buying an additional 206 shares during the period. Assetmark Inc. acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth $45,000. Lowe Wealth Advisors LLC lifted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 81.7% during 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 in the last quarter. Steward Partners Investment Advisory LLC grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 670.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,919 shares of the company’s stock valued at $119,000 after purchasing an additional 1,670 shares during the period. Finally, Whipplewood Advisors LLC acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at about $175,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.3 %

HELO opened at $59.98 on Thursday. The company has a market cap of $2.73 billion, a PE ratio of 25.69 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $54.24 and a twelve month high of $63.81. The company has a 50-day moving average price of $61.85 and a 200 day moving average price of $62.02.

JPMorgan Hedged Equity Laddered Overlay ETF Increases Dividend

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

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.