Raymond James & Associates Boosts Stock Holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Raymond James & Associates increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 285.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 315,893 shares of the company’s stock after buying an additional 233,895 shares during the quarter. Raymond James & Associates’ holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $19,314,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Blue Trust Inc. acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at approximately $325,000. Stratos Wealth Advisors LLC grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 93.3% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 15,549 shares of the company’s stock valued at $951,000 after acquiring an additional 7,505 shares during the period. Smallwood Wealth Investment Management LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter worth $582,000. Transform Wealth LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth $11,827,000. Finally, MN Wealth Advisors LLC lifted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 17.8% during the third quarter. MN Wealth Advisors LLC now owns 13,156 shares of the company’s stock valued at $804,000 after purchasing an additional 1,989 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.0 %

Shares of NYSEARCA HELO opened at $61.85 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $48.71 and a 52-week high of $62.09. The company’s 50-day simple moving average is $60.55 and its 200-day simple moving average is $58.51. The firm has a market cap of $669.84 million, a price-to-earnings ratio of 24.88 and a beta of 0.56.

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.