Allred Capital Management LLC Buys New Stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Allred Capital Management LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 6,233 shares of the company’s stock, valued at approximately $387,000. Allred Capital Management LLC owned about 0.06% of JPMorgan Hedged Equity Laddered Overlay ETF as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Tyler Stone Wealth Management increased its position in JPMorgan Hedged Equity Laddered Overlay ETF by 77.6% in the fourth quarter. Tyler Stone Wealth Management now owns 58,702 shares of the company’s stock worth $3,642,000 after purchasing an additional 25,656 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter worth $542,000. Stifel Financial Corp bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter worth about $934,000. JPMorgan Chase & Co. raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 35.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 343,256 shares of the company’s stock valued at $20,987,000 after buying an additional 89,742 shares in the last quarter. Finally, Ausdal Financial Partners Inc. bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at about $1,897,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA HELO opened at $58.00 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $54.24 and a 1-year high of $63.81. The business’s 50 day moving average is $60.55 and its two-hundred day moving average is $61.76. The stock has a market capitalization of $2.69 billion, a P/E ratio of 24.02 and a beta of 0.56.

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.