Short Interest in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Declines By 94.8%

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 139,239 shares, a decline of 94.8% from the July 15th total of 2,663,120 shares. Based on an average trading volume of 746,142 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Trading of JPMorgan Hedged Equity Laddered Overlay ETF

Several large investors have recently made changes to their positions in the business. LPL Financial LLC raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 20.8% during the fourth quarter. LPL Financial LLC now owns 3,189,556 shares of the company’s stock worth $211,882,000 after purchasing an additional 549,559 shares during the last quarter. Bank of America Corp DE grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 9.3% during the 1st quarter. Bank of America Corp DE now owns 2,420,158 shares of the company’s stock worth $154,672,000 after purchasing an additional 206,013 shares during the period. Bank of New York Mellon Corp grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 10.1% during the 1st quarter. Bank of New York Mellon Corp now owns 2,229,653 shares of the company’s stock worth $142,497,000 after purchasing an additional 203,792 shares during the period. Raymond James Financial Inc. raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% during the 4th quarter. Raymond James Financial Inc. now owns 1,742,174 shares of the company’s stock valued at $115,733,000 after buying an additional 365,572 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 70.8% during the 1st quarter. Cetera Investment Advisers now owns 1,584,346 shares of the company’s stock valued at $101,256,000 after buying an additional 656,912 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 0.2%

Shares of HELO stock traded up $0.14 during mid-day trading on Wednesday, reaching $69.86. The stock had a trading volume of 157,940 shares, compared to its average volume of 343,037. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $63.24 and a 1-year high of $70.01. The firm has a market cap of $4.72 billion, a price-to-earnings ratio of 25.99 and a beta of 0.56. The business’s fifty day moving average is $67.97 and its 200-day moving average is $67.01.

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. The fund aims for enhanced risk-adjusted return over a full market cycle with lower volatility than traditional equity strategies HELO was launched on Sep 28, 2023 and is issued by JPMorgan Chase.