Milestone Asset Management LLC Invests $2.76 Million in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Milestone Asset Management LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 46,231 shares of the company’s stock, valued at approximately $2,759,000.

Several other large investors have also modified their holdings of HELO. Strategic Financial Concepts LLC boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 10,269.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 2,029,675 shares of the company’s stock worth $125,921,000 after acquiring an additional 2,010,101 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth $72,681,000. Dynasty Wealth Management LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth $63,630,000. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 296.6% during the 4th quarter. JPMorgan Chase & Co. now owns 1,361,256 shares of the company’s stock worth $84,452,000 after acquiring an additional 1,018,000 shares in the last quarter. Finally, Sagespring Wealth Partners LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth $59,009,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.3%

HELO opened at $61.11 on Monday. The firm has a market cap of $3.13 billion, a PE ratio of 25.43 and a beta of 0.56. The business has a fifty day simple moving average of $59.53 and a 200-day simple moving average of $61.40. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $55.83 and a fifty-two week high of $63.81.

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.