N.E.W. Advisory Services LLC Sells 330,828 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

N.E.W. Advisory Services LLC decreased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 88.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 43,398 shares of the company’s stock after selling 330,828 shares during the quarter. N.E.W. Advisory Services LLC owned about 0.08% of JPMorgan Hedged Equity Laddered Overlay ETF worth $2,716,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of HELO. Envestnet Asset Management Inc. grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 14.5% in the second quarter. Envestnet Asset Management Inc. now owns 2,566,323 shares of the company’s stock worth $160,517,000 after purchasing an additional 324,692 shares during the period. Forvis Mazars Wealth Advisors LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 14.2% during the 2nd quarter. Forvis Mazars Wealth Advisors LLC now owns 2,163,590 shares of the company’s stock worth $135,397,000 after purchasing an additional 268,943 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 1,777,086 shares of the company’s stock valued at $111,868,000 after buying an additional 373,033 shares during the period. Bank of America Corp DE increased its position in JPMorgan Hedged Equity Laddered Overlay ETF by 24.9% in the 2nd quarter. Bank of America Corp DE now owns 1,677,251 shares of the company’s stock valued at $104,962,000 after buying an additional 334,184 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 9.7% during the 2nd quarter. Raymond James Financial Inc. now owns 1,591,028 shares of the company’s stock worth $99,566,000 after buying an additional 140,094 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of NYSEARCA:HELO opened at $66.27 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $56.11 and a 52-week high of $66.73. The business’s 50 day simple moving average is $65.51 and its two-hundred day simple moving average is $64.12. The firm has a market cap of $3.61 billion, a P/E ratio of 25.99 and a beta of 0.58.

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.