Avantax Advisory Services Inc. Has $2.74 Million Stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Avantax Advisory Services Inc. boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 685.2% in the fourth quarter, Holdings Channel reports. The fund owned 44,197 shares of the company’s stock after acquiring an additional 38,568 shares during the period. Avantax Advisory Services Inc.’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $2,742,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. CAP Partners LLC lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 5.8% during the 3rd quarter. CAP Partners LLC now owns 4,666 shares of the company’s stock worth $285,000 after acquiring an additional 257 shares during the last quarter. BCGM Wealth Management LLC increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.0% during the 4th quarter. BCGM Wealth Management LLC now owns 5,826 shares of the company’s stock worth $361,000 after purchasing an additional 278 shares during the period. John W. Brooker & Co. CPAs increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 1.5% during the 4th quarter. John W. Brooker & Co. CPAs now owns 18,304 shares of the company’s stock worth $1,136,000 after purchasing an additional 279 shares during the period. Sanctuary Advisors LLC increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 4.1% during the 4th quarter. Sanctuary Advisors LLC now owns 8,999 shares of the company’s stock worth $566,000 after purchasing an additional 356 shares during the period. Finally, Truist Financial Corp increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7.2% during the 4th quarter. Truist Financial Corp now owns 5,685 shares of the company’s stock worth $353,000 after purchasing an additional 384 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

NYSEARCA:HELO opened at $60.49 on Monday. The firm’s 50-day moving average is $62.40 and its 200-day moving average is $61.97. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $54.24 and a 52-week high of $63.81. The company has a market cap of $2.74 billion, a price-to-earnings ratio of 26.59 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.