Philip James Wealth Mangement LLC Raises Stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Philip James Wealth Mangement LLC boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 4.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 164,690 shares of the company’s stock after acquiring an additional 6,369 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF accounts for about 1.2% of Philip James Wealth Mangement LLC’s holdings, making the stock its 18th biggest position. Philip James Wealth Mangement LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $10,069,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of HELO. Lowe Wealth Advisors LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter valued at approximately $27,000. Annapolis Financial Services LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the second quarter worth $35,000. Stephens Consulting LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the second quarter worth $57,000. SouthState Corp acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the second quarter valued at $117,000. Finally, Centaurus Financial Inc. boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 49.7% during the 2nd quarter. Centaurus Financial Inc. now owns 2,724 shares of the company’s stock worth $159,000 after purchasing an additional 904 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 0.2 %

Shares of NYSEARCA:HELO traded up $0.12 on Friday, reaching $62.79. 7,624 shares of the company were exchanged, compared to its average volume of 199,905. The company has a 50-day moving average of $60.91 and a 200-day moving average of $58.93. The firm has a market cap of $680.02 million, a price-to-earnings ratio of 24.88 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $50.58 and a 1-year high of $62.85.

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.