Secured Retirement Advisors LLC Makes New $3.04 Million Investment in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Secured Retirement Advisors LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 50,990 shares of the company’s stock, valued at approximately $3,043,000. JPMorgan Hedged Equity Laddered Overlay ETF accounts for approximately 2.0% of Secured Retirement Advisors LLC’s holdings, making the stock its 7th biggest holding. Secured Retirement Advisors LLC owned about 0.10% of JPMorgan Hedged Equity Laddered Overlay ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of HELO. JPMorgan Chase & Co. raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 296.6% during the 4th quarter. JPMorgan Chase & Co. now owns 1,361,256 shares of the company’s stock worth $84,452,000 after buying an additional 1,018,000 shares during the period. Sagespring Wealth Partners LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter worth about $59,009,000. Envestnet Asset Management Inc. increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 45.7% in the first quarter. Envestnet Asset Management Inc. now owns 2,241,631 shares of the company’s stock worth $133,781,000 after acquiring an additional 703,364 shares in the last quarter. LPL Financial LLC raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 99.9% during the fourth quarter. LPL Financial LLC now owns 1,193,554 shares of the company’s stock worth $74,048,000 after purchasing an additional 596,418 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 36.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,404,053 shares of the company’s stock valued at $83,794,000 after purchasing an additional 372,471 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO opened at $63.05 on Friday. The stock has a 50 day simple moving average of $61.66 and a 200 day simple moving average of $61.28. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $55.83 and a 52-week high of $63.81. The firm has a market capitalization of $3.30 billion, a PE ratio of 25.99 and a beta of 0.56.

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.