JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) is Napatree Capital LLC’s 6th Largest Position

Napatree Capital LLC raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 33.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 66,374 shares of the company’s stock after buying an additional 16,735 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF accounts for 2.4% of Napatree Capital LLC’s portfolio, making the stock its 6th largest position. Napatree Capital LLC owned about 0.61% of JPMorgan Hedged Equity Laddered Overlay ETF worth $4,118,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 99.9% in the fourth quarter. LPL Financial LLC now owns 1,193,554 shares of the company’s stock worth $74,048,000 after buying an additional 596,418 shares during the period. Thrivent Financial for Lutherans boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 16.9% during the 4th quarter. Thrivent Financial for Lutherans now owns 128,132 shares of the company’s stock worth $8,057,000 after acquiring an additional 18,513 shares during the period. Axxcess Wealth Management LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter valued at about $505,000. Cozad Asset Management Inc. acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at about $595,000. Finally, Signaturefd LLC lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 151.7% in the fourth quarter. Signaturefd LLC now owns 225,559 shares of the company’s stock worth $13,994,000 after purchasing an additional 135,937 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

HELO stock opened at $60.36 on Friday. The stock has a market cap of $2.75 billion, a P/E ratio of 25.69 and a beta of 0.56. The firm has a 50 day simple moving average of $62.22 and a 200 day simple moving average of $61.97. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $54.24 and a 52 week high of $63.81.

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.