Advisory Services Network LLC Increases Stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Advisory Services Network LLC raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 31.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 67,118 shares of the company’s stock after buying an additional 15,961 shares during the period. Advisory Services Network LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $4,164,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HELO. Waterloo Capital L.P. boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 35.7% in the fourth quarter. Waterloo Capital L.P. now owns 9,837 shares of the company’s stock worth $610,000 after purchasing an additional 2,589 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 10.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 1,538,267 shares of the company’s stock worth $95,434,000 after purchasing an additional 144,949 shares during the period. Smith Moore & CO. bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter worth approximately $1,248,000. Thoroughbred Financial Services LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 17.6% in the fourth quarter. Thoroughbred Financial Services LLC now owns 34,898 shares of the company’s stock worth $2,165,000 after purchasing an additional 5,217 shares during the period. Finally, Grant Private Wealth Management Inc bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter worth approximately $1,527,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

HELO opened at $58.88 on Thursday. The company has a 50 day simple moving average of $61.10 and a two-hundred day simple moving average of $61.88. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $54.24 and a 1-year high of $63.81. The firm has a market cap of $2.73 billion, a P/E ratio of 24.02 and a beta of 0.56.

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.