Paladin Advisory Group LLC Raises Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Paladin Advisory Group LLC grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 675.8% during the first quarter, Holdings Channel reports. The firm owned 33,788 shares of the company’s stock after purchasing an additional 29,433 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF comprises about 1.6% of Paladin Advisory Group LLC’s holdings, making the stock its 20th largest position. Paladin Advisory Group LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $2,016,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Parallel Advisors LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter worth about $30,000. Harbour Investments Inc. increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 46.7% during the fourth quarter. Harbour Investments Inc. now owns 647 shares of the company’s stock worth $40,000 after buying an additional 206 shares during the period. Assetmark Inc. purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth approximately $45,000. Steward Partners Investment Advisory LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 670.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,919 shares of the company’s stock worth $119,000 after buying an additional 1,670 shares during the period. Finally, Lowe Wealth Advisors LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 39.6% during the first quarter. Lowe Wealth Advisors LLC now owns 2,095 shares of the company’s stock worth $125,000 after buying an additional 594 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

HELO stock opened at $61.96 on Thursday. The company’s 50 day moving average price is $59.89 and its 200 day moving average price is $61.38. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $55.83 and a fifty-two week high of $63.81. The firm has a market capitalization of $3.17 billion, a price-to-earnings ratio of 25.43 and a beta of 0.56.

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.