JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Sees Strong Trading Volume – Here’s What Happened

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) shares saw unusually-strong trading volume on Thursday . Approximately 1,113,477 shares were traded during mid-day trading, an increase of 254% from the previous session’s volume of 314,916 shares.The stock last traded at $58.14 and had previously closed at $58.88.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Down 2.5 %

The company has a market cap of $2.67 billion, a PE ratio of 24.02 and a beta of 0.56. The stock has a fifty day simple moving average of $61.10 and a two-hundred day simple moving average of $61.88.

Institutional Investors Weigh In On JPMorgan Hedged Equity Laddered Overlay ETF

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

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.