Shore Point Advisors LLC Grows Stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Shore Point Advisors LLC increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 14.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 44,267 shares of the company’s stock after purchasing an additional 5,448 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF makes up approximately 1.5% of Shore Point Advisors LLC’s portfolio, making the stock its 14th biggest position. Shore Point Advisors LLC owned approximately 0.41% of JPMorgan Hedged Equity Laddered Overlay ETF worth $2,746,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Mechanics Bank Trust Department purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at $574,000. Ameritas Advisory Services LLC increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 74.7% during the fourth quarter. Ameritas Advisory Services LLC now owns 105,687 shares of the company’s stock worth $6,557,000 after purchasing an additional 45,193 shares in the last quarter. Essex Savings Bank lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 102.6% in the 4th quarter. Essex Savings Bank now owns 8,550 shares of the company’s stock valued at $530,000 after purchasing an additional 4,330 shares during the last quarter. Redhawk Wealth Advisors Inc. boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 6.2% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 195,320 shares of the company’s stock valued at $12,118,000 after purchasing an additional 11,323 shares during the period. Finally, Mayfair Advisory Group LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth approximately $1,094,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.5 %

HELO opened at $62.70 on Monday. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $53.03 and a 52 week high of $63.42. The business’s 50 day moving average is $62.67 and its two-hundred day moving average is $60.95. The firm has a market cap of $679.04 million, a price-to-earnings ratio of 24.88 and a beta of 0.56.

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.