Short Interest in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Increases By 126.5%

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 146,954 shares, a growth of 126.5% from the August 15th total of 64,879 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 277,234 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On JPMorgan Hedged Equity Laddered Overlay ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Harbor Asset Planning Inc. grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 9.8% during the first quarter. Harbor Asset Planning Inc. now owns 1,705 shares of the company’s stock valued at $109,000 after purchasing an additional 152 shares during the last quarter. Marks Group Wealth Management Inc lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 2.9% in the 4th quarter. Marks Group Wealth Management Inc now owns 6,006 shares of the company’s stock worth $399,000 after purchasing an additional 167 shares during the last quarter. CAP Partners LLC boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 2.2% during the 1st quarter. CAP Partners LLC now owns 8,674 shares of the company’s stock valued at $554,000 after purchasing an additional 190 shares during the period. Cornerstone Wealth Management LLC grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 5.0% during the 4th quarter. Cornerstone Wealth Management LLC now owns 4,209 shares of the company’s stock worth $280,000 after buying an additional 200 shares during the last quarter. Finally, Clearstead Trust LLC increased its position in JPMorgan Hedged Equity Laddered Overlay ETF by 3.3% in the fourth quarter. Clearstead Trust LLC now owns 6,879 shares of the company’s stock worth $457,000 after buying an additional 222 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of NYSEARCA:HELO opened at $69.24 on Monday. The firm has a market cap of $4.68 billion, a price-to-earnings ratio of 25.99 and a beta of 0.56. The stock’s 50-day moving average price is $68.91 and its two-hundred day moving average price is $67.45. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $63.24 and a 12-month high of $70.23.

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. 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.