Peterson Wealth Advisors LLC Purchases 42,666 Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Peterson Wealth Advisors LLC increased its position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 7.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 598,273 shares of the company’s stock after purchasing an additional 42,666 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF comprises about 6.7% of Peterson Wealth Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. Peterson Wealth Advisors LLC owned 5.52% of JPMorgan Hedged Equity Laddered Overlay ETF worth $37,332,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Lowe Wealth Advisors LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 81.9% in the third quarter. Lowe Wealth Advisors LLC now owns 826 shares of the company’s stock worth $51,000 after buying an additional 372 shares during the period. Centaurus Financial Inc. boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 49.7% during the 2nd quarter. Centaurus Financial Inc. now owns 2,724 shares of the company’s stock worth $159,000 after acquiring an additional 904 shares during the period. Claro Advisors LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter valued at about $205,000. NBC Securities Inc. acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter valued at about $223,000. Finally, MCIA Inc purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth approximately $230,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO opened at $63.18 on Thursday. The company has a market capitalization of $684.24 million, a PE ratio of 24.88 and a beta of 0.56. The company’s 50 day moving average price is $62.68 and its 200 day moving average price is $61.02. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $53.53 and a 52 week high of $63.42.

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.