Focus Financial Network Inc. Decreases Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Focus Financial Network Inc. reduced its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 58.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,634 shares of the company’s stock after selling 10,860 shares during the period. Focus Financial Network Inc.’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $456,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Harbour Investments Inc. boosted its stake in 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 valued at $40,000 after buying an additional 206 shares during the period. BCGM Wealth Management LLC raised its position in JPMorgan Hedged Equity Laddered Overlay ETF by 5.0% during the fourth quarter. BCGM Wealth Management LLC now owns 5,826 shares of the company’s stock valued at $361,000 after purchasing an additional 278 shares in the last quarter. Sanctuary Advisors LLC increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 4.1% in the fourth quarter. Sanctuary Advisors LLC now owns 8,999 shares of the company’s stock worth $566,000 after buying an additional 356 shares during the period. Truist Financial Corp increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7.2% in the fourth quarter. Truist Financial Corp now owns 5,685 shares of the company’s stock worth $353,000 after buying an additional 384 shares during the period. Finally, Parallel Advisors LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the first quarter worth about $30,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

HELO opened at $61.82 on Friday. The business has a 50 day simple moving average of $60.09 and a two-hundred day simple moving average of $61.36. The firm has a market capitalization of $3.18 billion, a price-to-earnings ratio of 25.10 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $55.83 and a one year high of $63.81.

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.