HBW Advisory Services LLC Has $2.17 Million Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

HBW Advisory Services LLC raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 28.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 35,032 shares of the company’s stock after purchasing an additional 7,690 shares during the quarter. HBW Advisory Services LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $2,173,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in HELO. CAP Partners LLC increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.8% during the third quarter. CAP Partners LLC now owns 4,666 shares of the company’s stock worth $285,000 after buying an additional 257 shares during the period. Lowe Wealth Advisors LLC boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 81.9% during the third quarter. Lowe Wealth Advisors LLC now owns 826 shares of the company’s stock valued at $51,000 after acquiring an additional 372 shares during the last quarter. Summit Wealth Partners LLC raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 6.6% in the 2nd quarter. Summit Wealth Partners LLC now owns 7,006 shares of the company’s stock worth $410,000 after acquiring an additional 432 shares in the last quarter. Sprinkle Financial Consultants LLC lifted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7.1% in the 3rd quarter. Sprinkle Financial Consultants LLC now owns 7,097 shares of the company’s stock valued at $434,000 after purchasing an additional 469 shares during the period. Finally, Centaurus Financial Inc. boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 49.7% during the 2nd quarter. Centaurus Financial Inc. now owns 2,724 shares of the company’s stock valued at $159,000 after purchasing an additional 904 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Down 0.9 %

NYSEARCA HELO traded down $0.57 during trading hours on Friday, hitting $61.77. 207,422 shares of the company’s stock were exchanged, compared to its average volume of 494,925. The firm has a market cap of $668.97 million, a price-to-earnings ratio of 24.88 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $52.88 and a 1-year high of $63.42. The stock has a 50-day simple moving average of $62.66 and a 200 day simple moving average of $60.77.

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.