Riggs Capital Management LLC Acquires Shares of 5,186 JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Riggs Capital Management LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 5,186 shares of the company’s stock, valued at approximately $322,000.

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

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 1.2 %

HELO stock opened at $59.58 on Monday. The business has a 50 day moving average of $62.04 and a 200 day moving average of $62.04. The firm has a market cap of $2.71 billion, a PE ratio of 25.69 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $54.24 and a twelve month high of $63.81.

JPMorgan Hedged Equity Laddered Overlay ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a dividend of $0.088 per share. The ex-dividend date of this dividend was Tuesday, March 25th. This is an increase 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.