IFG Advisory LLC Makes New Investment in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

IFG Advisory LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 27,736 shares of the company’s stock, valued at approximately $1,736,000. IFG Advisory LLC owned about 0.05% of JPMorgan Hedged Equity Laddered Overlay ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. LPL Financial LLC lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 64.1% during the first quarter. LPL Financial LLC now owns 1,958,754 shares of the company’s stock valued at $116,898,000 after purchasing an additional 765,200 shares during the period. Envestnet Asset Management Inc. increased its holdings in 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 valued at $133,781,000 after buying an additional 703,364 shares in the last quarter. Cetera Investment Advisers increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 56.5% in the first quarter. Cetera Investment Advisers now owns 1,515,962 shares of the company’s stock valued at $90,473,000 after buying an additional 547,444 shares in the last quarter. Forvis Mazars Wealth Advisors LLC increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 36.7% in the first quarter. Forvis Mazars Wealth Advisors LLC now owns 1,894,647 shares of the company’s stock valued at $113,073,000 after buying an additional 509,058 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 1,777,086 shares of the company’s stock valued at $111,868,000 after buying an additional 373,033 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.0%

HELO stock opened at $65.60 on Friday. The stock has a market capitalization of $3.51 billion, a P/E ratio of 25.99 and a beta of 0.58. The firm has a 50-day simple moving average of $64.88 and a 200-day simple moving average of $62.89. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $56.11 and a 52 week high of $66.01.

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.