Palumbo Wealth Management LLC Acquires Shares of 56,134 JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Palumbo Wealth Management LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 56,134 shares of the company’s stock, valued at approximately $3,483,000. JPMorgan Hedged Equity Laddered Overlay ETF accounts for 1.3% of Palumbo Wealth Management LLC’s portfolio, making the stock its 16th biggest holding. Palumbo Wealth Management LLC owned 0.52% of JPMorgan Hedged Equity Laddered Overlay ETF as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in HELO. CAP Partners LLC grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 5.8% during the 3rd quarter. CAP Partners LLC now owns 4,666 shares of the company’s stock worth $285,000 after purchasing an additional 257 shares during the period. John W. Brooker & Co. CPAs grew its holdings in 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 acquiring an additional 279 shares during the period. Total Clarity Wealth Management Inc. raised its position in JPMorgan Hedged Equity Laddered Overlay ETF by 2.7% during the fourth quarter. Total Clarity Wealth Management Inc. now owns 14,425 shares of the company’s stock valued at $895,000 after acquiring an additional 386 shares in the last quarter. Orrstown Financial Services Inc. lifted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 0.5% in the fourth quarter. Orrstown Financial Services Inc. now owns 87,519 shares of the company’s stock valued at $5,430,000 after acquiring an additional 396 shares during the period. Finally, Sprinkle Financial Consultants LLC lifted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 7.1% in the third quarter. Sprinkle Financial Consultants LLC now owns 7,097 shares of the company’s stock valued at $434,000 after acquiring an additional 469 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA HELO opened at $63.42 on Friday. The stock has a market capitalization of $686.84 million, a price-to-earnings ratio of 24.88 and a beta of 0.56. The firm’s 50 day simple moving average is $62.74 and its 200-day simple moving average is $61.52. JPMorgan Hedged Equity Laddered Overlay ETF has a 12 month low of $54.24 and a 12 month 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.