Ehrlich Financial Group Acquires New Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Ehrlich Financial Group acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,752 shares of the company’s stock, valued at approximately $224,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Breakwater Capital Group grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 31.7% in the first quarter. Breakwater Capital Group now owns 17,304 shares of the company’s stock worth $1,033,000 after purchasing an additional 4,166 shares during the last quarter. Financial Management Professionals Inc. raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 50.1% during the first quarter. Financial Management Professionals Inc. now owns 64,725 shares of the company’s stock valued at $3,863,000 after purchasing an additional 21,597 shares during the period. Legacy Financial Group LLC raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 2.3% during the first quarter. Legacy Financial Group LLC now owns 915,803 shares of the company’s stock valued at $54,655,000 after purchasing an additional 20,324 shares during the period. Whipplewood Advisors LLC increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 2,143.3% during the first quarter. Whipplewood Advisors LLC now owns 63,329 shares of the company’s stock worth $3,779,000 after acquiring an additional 60,506 shares in the last quarter. Finally, Planned Solutions Inc. increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 2.9% during the first quarter. Planned Solutions Inc. now owns 99,286 shares of the company’s stock worth $5,925,000 after acquiring an additional 2,841 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

NYSEARCA:HELO opened at $61.83 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $55.83 and a one year high of $63.81. The firm has a 50-day moving average of $59.69 and a 200-day moving average of $61.39. The company has a market cap of $3.16 billion, a PE ratio of 25.43 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.