United Capital Financial Advisors LLC Buys Shares of 12,710 JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

United Capital Financial Advisors LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 12,710 shares of the company’s stock, valued at approximately $789,000.

A number of other institutional investors have also modified their holdings of HELO. Tyler Stone Wealth Management boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 77.6% during the 4th quarter. Tyler Stone Wealth Management now owns 58,702 shares of the company’s stock valued at $3,642,000 after acquiring an additional 25,656 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at approximately $542,000. Stifel Financial Corp acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at approximately $934,000. JPMorgan Chase & Co. lifted its holdings 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 buying an additional 89,742 shares in the last quarter. Finally, Ausdal Financial Partners Inc. acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth approximately $1,897,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.2 %

NYSEARCA:HELO opened at $58.00 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $54.35 and a 52 week high of $63.81. The company has a fifty day simple moving average of $60.45 and a two-hundred day simple moving average of $61.75. The company has a market cap of $2.69 billion, a price-to-earnings ratio of 24.02 and a beta of 0.56.

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.