Purkiss Capital Advisors LLC Acquires Shares of 22,202 JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Purkiss Capital Advisors LLC bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 22,202 shares of the company’s stock, valued at approximately $1,377,000. JPMorgan Hedged Equity Laddered Overlay ETF accounts for 1.2% of Purkiss Capital Advisors LLC’s investment portfolio, making the stock its 18th biggest position.

Several other large investors have also recently modified their holdings of the stock. Lowe Wealth Advisors LLC lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 81.7% in the fourth quarter. Lowe Wealth Advisors LLC now owns 1,501 shares of the company’s stock worth $93,000 after purchasing an additional 675 shares during the last quarter. Whipplewood Advisors LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth approximately $175,000. Claro Advisors LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter valued at $205,000. IFP Advisors Inc grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 956.2% in the 4th quarter. IFP Advisors Inc now owns 3,475 shares of the company’s stock valued at $216,000 after acquiring an additional 3,146 shares during the last quarter. Finally, Monterey Private Wealth Inc. purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter worth $227,000.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 1.3 %

Shares of HELO opened at $62.45 on Friday. The firm has a fifty day moving average price of $62.73 and a 200-day moving average price of $61.87. The firm has a market capitalization of $676.33 million, a P/E ratio of 24.88 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $54.24 and a 12-month high of $63.81.

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.