HUB Investment Partners LLC Reduces Stock Holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

HUB Investment Partners LLC cut its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 2.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 122,606 shares of the company’s stock after selling 2,920 shares during the quarter. HUB Investment Partners LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $7,606,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Thrivent Financial for Lutherans lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 20.6% during the third quarter. Thrivent Financial for Lutherans now owns 109,619 shares of the company’s stock worth $6,702,000 after purchasing an additional 18,750 shares during the period. MAI Capital Management acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at $847,000. SouthState Corp raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 550.2% during the 3rd quarter. SouthState Corp now owns 13,004 shares of the company’s stock worth $795,000 after buying an additional 11,004 shares during the last quarter. Great Valley Advisor Group Inc. acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter worth $1,003,000. Finally, Cahill Financial Advisors Inc. raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 57.7% during the 3rd quarter. Cahill Financial Advisors Inc. now owns 20,247 shares of the company’s stock worth $1,238,000 after buying an additional 7,405 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.4 %

NYSEARCA:HELO opened at $60.44 on Thursday. The company has a market capitalization of $2.73 billion, a PE ratio of 26.59 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $54.24 and a 52-week high of $63.81. The stock has a fifty day simple moving average of $62.28 and a 200-day simple moving average of $61.96.

JPMorgan Hedged Equity Laddered Overlay ETF 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.