Pine Valley Investments Ltd Liability Co Has $7.15 Million Holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Pine Valley Investments Ltd Liability Co increased its position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 11.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 115,310 shares of the company’s stock after purchasing an additional 12,189 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $7,154,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HELO. Lowe Wealth Advisors LLC lifted its holdings in shares of 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 valued at $93,000 after purchasing an additional 675 shares in the last quarter. Claro Advisors LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter valued at $205,000. IFP Advisors Inc lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 956.2% in the 4th quarter. IFP Advisors Inc now owns 3,475 shares of the company’s stock worth $216,000 after acquiring an additional 3,146 shares in the last quarter. Monterey Private Wealth Inc. acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth about $227,000. Finally, MCIA Inc purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at about $230,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

NYSEARCA HELO opened at $62.61 on Tuesday. The firm has a market capitalization of $678.07 million, a price-to-earnings ratio of 24.88 and a beta of 0.56. The company has a 50 day simple moving average of $62.75 and a 200-day simple moving average of $61.78. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $54.24 and a 52-week high of $63.81.

JPMorgan Hedged Equity Laddered Overlay ETF Company 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.