Retirement Guys Formula LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO – Free Report) during the fourth quarter, Holdings Channel.com reports. The firm acquired 48,338 shares of the company’s stock, valued at approximately $2,999,000. JPMorgan Hedged Equity Laddered Overlay ETF makes up approximately 1.5% of Retirement Guys Formula LLC’s portfolio, making the stock its 11th biggest position.
Other institutional investors have also recently added to or reduced their stakes in the company. Lowe Wealth Advisors LLC lifted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 81.7% in the 4th quarter. Lowe Wealth Advisors LLC now owns 1,501 shares of the company’s stock worth $93,000 after buying an additional 675 shares in the last quarter. Claro Advisors LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter worth $205,000. NBC Securities Inc. bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter worth about $223,000. MCIA Inc bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter worth about $230,000. Finally, Monterey Private Wealth Inc. bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter worth about $227,000.
JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance
HELO opened at $63.03 on Wednesday. The company has a 50-day moving average of $62.75 and a 200-day moving average of $61.41. The company has a market capitalization of $682.61 million, a P/E ratio of 24.88 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $54.10 and a 1-year high of $63.50.
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.
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Want to see what other hedge funds are holding HELO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO – Free Report).
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