WealthPLAN Partners LLC Sells 57,463 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

WealthPLAN Partners LLC trimmed its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 33.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 113,065 shares of the company’s stock after selling 57,463 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF comprises approximately 1.1% of WealthPLAN Partners LLC’s investment portfolio, making the stock its 18th biggest position. WealthPLAN Partners LLC owned about 0.22% of JPMorgan Hedged Equity Laddered Overlay ETF worth $7,076,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HELO. Wealth Enhancement Advisory Services LLC boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 36.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,404,053 shares of the company’s stock worth $83,794,000 after purchasing an additional 372,471 shares during the period. Mayfair Advisory Group LLC boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 30.1% during the first quarter. Mayfair Advisory Group LLC now owns 22,943 shares of the company’s stock worth $1,369,000 after purchasing an additional 5,312 shares during the period. MN Wealth Advisors LLC boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 38.5% during the first quarter. MN Wealth Advisors LLC now owns 21,295 shares of the company’s stock worth $1,271,000 after purchasing an additional 5,919 shares during the period. Essex Savings Bank boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 2.9% during the first quarter. Essex Savings Bank now owns 8,797 shares of the company’s stock worth $525,000 after purchasing an additional 247 shares during the period. Finally, Kingswood Wealth Advisors LLC boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 80.0% during the first quarter. Kingswood Wealth Advisors LLC now owns 13,659 shares of the company’s stock worth $815,000 after purchasing an additional 6,071 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

HELO stock opened at $64.85 on Thursday. The company has a fifty day moving average price of $64.49 and a two-hundred day moving average price of $62.25. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $56.11 and a one year high of $65.25. The stock has a market cap of $3.44 billion, a price-to-earnings ratio of 25.99 and a beta of 0.56.

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.