Bank of Marin Sells 1,890 Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Bank of Marin decreased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 18.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,370 shares of the company’s stock after selling 1,890 shares during the quarter. Bank of Marin owned about 0.08% of JPMorgan Hedged Equity Laddered Overlay ETF worth $512,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Gradient Investments LLC boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 49.7% in the 2nd quarter. Gradient Investments LLC now owns 1,172,555 shares of the company’s stock worth $68,665,000 after purchasing an additional 389,405 shares in the last quarter. CGC Financial Services LLC grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 86.8% during the second quarter. CGC Financial Services LLC now owns 1,029,959 shares of the company’s stock worth $60,314,000 after buying an additional 478,565 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 12,459.0% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,001,832 shares of the company’s stock valued at $587,000 after acquiring an additional 993,855 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 40.5% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 881,103 shares of the company’s stock worth $53,871,000 after buying an additional 253,875 shares in the last quarter. Finally, Peterson Wealth Advisors LLC raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 8.9% during the 3rd quarter. Peterson Wealth Advisors LLC now owns 555,607 shares of the company’s stock worth $33,970,000 after acquiring an additional 45,261 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.5 %

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock traded down $0.32 during mid-day trading on Friday, hitting $62.48. The stock had a trading volume of 16,517 shares, compared to its average volume of 205,174. The firm has a market cap of $676.66 million, a P/E ratio of 24.88 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $51.28 and a 12-month high of $62.99. The firm has a 50-day moving average of $61.15 and a two-hundred day moving average of $59.17.

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.