Stephens Consulting LLC Cuts Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Stephens Consulting LLC lessened its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 94.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,386 shares of the company’s stock after selling 80,885 shares during the period. Stephens Consulting LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $262,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Harbour Investments Inc. grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 46.7% in the fourth quarter. Harbour Investments Inc. now owns 647 shares of the company’s stock valued at $40,000 after purchasing an additional 206 shares during the last quarter. BCGM Wealth Management LLC grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 5.0% in 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 during the last quarter. Sanctuary Advisors LLC grew its stake in 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 valued at $566,000 after purchasing an additional 356 shares during the last quarter. Truist Financial Corp grew its stake in 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 valued at $353,000 after purchasing an additional 384 shares during the last quarter. Finally, Parallel Advisors LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the first quarter valued at about $30,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

HELO opened at $62.04 on Tuesday. The firm has a market capitalization of $3.19 billion, a PE ratio of 25.10 and a beta of 0.56. The business’s 50-day moving average is $60.20 and its two-hundred day moving average is $61.33. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $55.83 and a 1 year high of $63.81.

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.