Cetera Advisors LLC Makes New Investment in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Cetera Advisors LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 92,565 shares of the company’s stock, valued at approximately $5,181,000.

A number of other large investors have also recently bought and sold shares of HELO. Global Retirement Partners LLC acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at approximately $33,000. Capital Advisors Ltd. LLC acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at approximately $51,000. Avantax Advisory Services Inc. acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 1st quarter valued at approximately $214,000. Coppell Advisory Solutions Corp. acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 1st quarter valued at approximately $223,000. Finally, Resurgent Financial Advisors LLC boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 96.8% in the 1st quarter. Resurgent Financial Advisors LLC now owns 4,137 shares of the company’s stock valued at $232,000 after purchasing an additional 2,035 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO traded down $0.54 during mid-day trading on Friday, reaching $57.91. The company had a trading volume of 620,327 shares, compared to its average volume of 165,433. The company’s 50 day simple moving average is $58.35 and its 200 day simple moving average is $56.30. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $48.71 and a 1-year high of $59.37. The company has a market capitalization of $627.17 million, a price-to-earnings ratio of 24.88 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.