Gradient Investments LLC Decreases Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Gradient Investments LLC trimmed its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 27.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,184,161 shares of the company’s stock after selling 444,444 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF accounts for about 1.5% of Gradient Investments LLC’s portfolio, making the stock its 15th largest position. Gradient Investments LLC owned approximately 10.93% of JPMorgan Hedged Equity Laddered Overlay ETF worth $73,465,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. CAP Partners LLC lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.8% during the third 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. Lowe Wealth Advisors LLC lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 81.9% during the 3rd quarter. Lowe Wealth Advisors LLC now owns 826 shares of the company’s stock valued at $51,000 after acquiring an additional 372 shares during the period. Summit Wealth Partners LLC boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 6.6% in the 2nd quarter. Summit Wealth Partners LLC now owns 7,006 shares of the company’s stock valued at $410,000 after acquiring an additional 432 shares during the last quarter. Sprinkle Financial Consultants LLC boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7.1% in the 3rd 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 last quarter. Finally, Centaurus Financial Inc. increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 49.7% in the second 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.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

NYSEARCA HELO opened at $63.35 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $53.60 and a 1 year high of $63.50. The company has a market capitalization of $686.08 million, a PE ratio of 24.88 and a beta of 0.56. The company has a fifty day moving average of $62.69 and a 200 day moving average of $61.04.

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.