Focus Financial Network Inc. Boosts Stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Focus Financial Network Inc. boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 38.2% in the 4th quarter, HoldingsChannel reports. The fund owned 18,494 shares of the company’s stock after acquiring an additional 5,115 shares during the quarter. Focus Financial Network Inc.’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $1,147,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Sanctuary Advisors LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter valued at about $542,000. Stifel Financial Corp acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth about $934,000. JPMorgan Chase & Co. increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 35.4% in the third quarter. JPMorgan Chase & Co. now owns 343,256 shares of the company’s stock valued at $20,987,000 after buying an additional 89,742 shares in the last quarter. Blue Trust Inc. acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at approximately $325,000. Finally, NBC Securities Inc. purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter worth approximately $223,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

NYSEARCA HELO opened at $62.90 on Thursday. The business has a 50 day moving average price of $62.75 and a 200 day moving average price of $61.44. The company has a market capitalization of $681.21 million, a P/E ratio of 24.88 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $54.10 and a 1-year high of $63.50.

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.