Orion Portfolio Solutions LLC Sells 3,691 Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Orion Portfolio Solutions LLC decreased its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 3.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 92,483 shares of the company’s stock after selling 3,691 shares during the period. Orion Portfolio Solutions LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $5,738,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Harbour Investments Inc. increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 46.7% during the 4th quarter. Harbour Investments Inc. now owns 647 shares of the company’s stock worth $40,000 after purchasing an additional 206 shares during the last quarter. Assetmark Inc. purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter worth $45,000. Lowe Wealth Advisors LLC increased its position in JPMorgan Hedged Equity Laddered Overlay ETF by 81.7% in the fourth quarter. Lowe Wealth Advisors LLC now owns 1,501 shares of the company’s stock worth $93,000 after buying an additional 675 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 670.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,919 shares of the company’s stock valued at $119,000 after buying an additional 1,670 shares during the last quarter. Finally, Whipplewood Advisors LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth $175,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO opened at $59.58 on Friday. The firm has a market cap of $2.71 billion, a P/E ratio of 25.69 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $54.24 and a fifty-two week high of $63.81. The business has a 50-day moving average of $62.04 and a 200 day moving average of $62.02.

JPMorgan Hedged Equity Laddered Overlay ETF Increases Dividend

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

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.