Envestnet Asset Management Inc. Buys 324,692 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Envestnet Asset Management Inc. raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 14.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,566,323 shares of the company’s stock after buying an additional 324,692 shares during the period. Envestnet Asset Management Inc. owned about 4.95% of JPMorgan Hedged Equity Laddered Overlay ETF worth $160,517,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. WESPAC Advisors LLC grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 3.6% in the 2nd quarter. WESPAC Advisors LLC now owns 5,745 shares of the company’s stock valued at $360,000 after buying an additional 201 shares during the last quarter. Consolidated Portfolio Review Corp lifted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 3.5% in the 2nd quarter. Consolidated Portfolio Review Corp now owns 6,118 shares of the company’s stock valued at $383,000 after purchasing an additional 205 shares during the period. BCGM Wealth Management LLC lifted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 4.6% in the 1st quarter. BCGM Wealth Management LLC now owns 6,093 shares of the company’s stock valued at $364,000 after purchasing an additional 267 shares during the period. Resurgent Financial Advisors LLC lifted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.0% in the 1st quarter. Resurgent Financial Advisors LLC now owns 6,928 shares of the company’s stock valued at $413,000 after purchasing an additional 332 shares during the period. Finally, Hazlett Burt & Watson Inc. lifted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 1,179.4% in the 1st quarter. Hazlett Burt & Watson Inc. now owns 435 shares of the company’s stock valued at $26,000 after purchasing an additional 401 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA:HELO opened at $65.79 on Wednesday. The company has a market capitalization of $3.52 billion, a price-to-earnings ratio of 25.99 and a beta of 0.58. The business’s 50-day moving average is $64.78 and its 200-day moving average is $62.74. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $56.11 and a 1 year high of $65.98.

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.