MONECO Advisors LLC increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO – Free Report) by 101.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,083 shares of the company’s stock after acquiring an additional 8,107 shares during the period. MONECO Advisors LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $998,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also added to or reduced their stakes in the company. Lowe Wealth Advisors LLC boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 81.7% in the 4th 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 stake in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at about $205,000. Monterey Private Wealth Inc. bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at about $227,000. MCIA Inc acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth about $230,000. Finally, Oak Harvest Investment Services acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth about $231,000.
JPMorgan Hedged Equity Laddered Overlay ETF Trading Down 1.3 %
HELO opened at $62.85 on Monday. The company has a market cap of $680.67 million, a P/E ratio of 24.88 and a beta of 0.56. The company’s 50 day moving average is $62.76 and its 200-day moving average is $61.74. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $54.24 and a 1-year high of $63.81.
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.
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