Vertex Planning Partners LLC Acquires Shares of 238,146 JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Vertex Planning Partners LLC acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 238,146 shares of the company’s stock, valued at approximately $14,775,000. JPMorgan Hedged Equity Laddered Overlay ETF accounts for 3.3% of Vertex Planning Partners LLC’s portfolio, making the stock its 5th biggest holding. Vertex Planning Partners LLC owned 2.20% of JPMorgan Hedged Equity Laddered Overlay ETF as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Harbour Investments Inc. grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 46.7% during the fourth quarter. Harbour Investments Inc. now owns 647 shares of the company’s stock valued at $40,000 after buying an additional 206 shares during the last quarter. BCGM Wealth Management LLC raised its position in JPMorgan Hedged Equity Laddered Overlay ETF by 5.0% during the fourth quarter. BCGM Wealth Management LLC now owns 5,826 shares of the company’s stock worth $361,000 after acquiring an additional 278 shares during the period. John W. Brooker & Co. CPAs increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 1.5% during the fourth quarter. John W. Brooker & Co. CPAs now owns 18,304 shares of the company’s stock worth $1,136,000 after purchasing an additional 279 shares in the last quarter. Sanctuary Advisors LLC grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 4.1% during the 4th quarter. Sanctuary Advisors LLC now owns 8,999 shares of the company’s stock valued at $566,000 after acquiring an additional 356 shares in the last quarter. Finally, Truist Financial Corp raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7.2% during the 4th quarter. Truist Financial Corp now owns 5,685 shares of the company’s stock worth $353,000 after acquiring an additional 384 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $60.30 on Friday. The company’s 50 day simple moving average is $62.10 and its 200-day simple moving average is $61.99. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $54.24 and a 1 year high of $63.81. The company has a market capitalization of $2.75 billion, a price-to-earnings ratio of 25.69 and a beta of 0.56.

JPMorgan Hedged Equity Laddered Overlay ETF Increases Dividend

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

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.