JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Shares Bought by Pennsylvania Capital Management Inc. ADV

Pennsylvania Capital Management Inc. ADV lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 321.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 95,233 shares of the company’s stock after buying an additional 72,654 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF makes up about 2.0% of Pennsylvania Capital Management Inc. ADV’s holdings, making the stock its 11th biggest holding. Pennsylvania Capital Management Inc. ADV’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $5,908,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in HELO. Sanctuary Advisors LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth approximately $542,000. Stifel Financial Corp acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at $934,000. JPMorgan Chase & Co. boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 35.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 343,256 shares of the company’s stock worth $20,987,000 after purchasing an additional 89,742 shares during the period. Blue Trust Inc. acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter valued at $325,000. Finally, NBC Securities Inc. purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at about $223,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA HELO opened at $62.58 on Tuesday. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $54.10 and a 1-year high of $63.50. The company has a market capitalization of $677.74 million, a price-to-earnings ratio of 24.88 and a beta of 0.56. The business has a 50-day moving average of $62.77 and a 200-day moving average of $61.23.

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.