Money Concepts Capital Corp Trims Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Money Concepts Capital Corp lessened its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 52.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,832 shares of the company’s stock after selling 8,715 shares during the period. Money Concepts Capital Corp owned 0.07% of JPMorgan Hedged Equity Laddered Overlay ETF worth $486,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of HELO. Susquehanna International Group LLP lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 334.8% in the second quarter. Susquehanna International Group LLP now owns 65,472 shares of the company’s stock valued at $3,834,000 after purchasing an additional 50,413 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the second quarter valued at approximately $240,000. Truist Financial Corp purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the second quarter valued at approximately $343,000. Brookstone Capital Management lifted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 18.6% during the third quarter. Brookstone Capital Management now owns 46,432 shares of the company’s stock valued at $2,839,000 after buying an additional 7,284 shares during the period. Finally, Quotient Wealth Partners LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter valued at approximately $282,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO opened at $63.11 on Friday. The company has a market capitalization of $683.48 million, a price-to-earnings ratio of 24.88 and a beta of 0.56. The company’s 50 day simple moving average is $62.76 and its 200 day simple moving average is $61.30. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $54.10 and a 1 year high of $63.50.

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.