Patten & Patten Inc. TN Decreases Stake in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Patten & Patten Inc. TN cut its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 6.9% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 257,719 shares of the company’s stock after selling 19,190 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF accounts for 1.0% of Patten & Patten Inc. TN’s investment portfolio, making the stock its 24th biggest holding. Patten & Patten Inc. TN owned approximately 0.50% of JPMorgan Hedged Equity Laddered Overlay ETF worth $16,128,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hazlett Burt & Watson Inc. raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 1,179.4% during the first quarter. Hazlett Burt & Watson Inc. now owns 435 shares of the company’s stock worth $26,000 after purchasing an additional 401 shares during the last quarter. ORG Partners LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the second quarter worth $30,000. Compass Financial Services Inc acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter worth $64,000. Parallel Advisors LLC raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 138.8% during the second quarter. Parallel Advisors LLC now owns 1,194 shares of the company’s stock worth $75,000 after purchasing an additional 694 shares during the last quarter. Finally, AE Wealth Management LLC raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 52.2% during the first quarter. AE Wealth Management LLC now owns 1,679 shares of the company’s stock worth $100,000 after purchasing an additional 576 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO stock opened at $64.85 on Thursday. The stock has a fifty day moving average price of $64.49 and a 200 day moving average price of $62.25. The stock has a market cap of $3.44 billion, a PE ratio of 25.99 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $56.11 and a 1 year high of $65.25.

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.