CENTRAL TRUST Co lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO – Free Report) by 18.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 235,184 shares of the company’s stock after purchasing an additional 37,360 shares during the quarter. CENTRAL TRUST Co owned 2.17% of JPMorgan Hedged Equity Laddered Overlay ETF worth $14,379,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of HELO. Gradient Investments LLC grew its stake 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 buying an additional 389,405 shares in the last quarter. CGC Financial Services LLC grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 86.8% in the second quarter. CGC Financial Services LLC now owns 1,029,959 shares of the company’s stock worth $60,314,000 after acquiring an additional 478,565 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 12,459.0% in the second 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 raised its position in JPMorgan Hedged Equity Laddered Overlay ETF by 12,256.7% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 627,228 shares of the company’s stock valued at $36,730,000 after purchasing an additional 622,152 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 232.7% during the second quarter. Envestnet Asset Management Inc. now owns 414,491 shares of the company’s stock worth $24,273,000 after purchasing an additional 289,914 shares during the last quarter.
JPMorgan Hedged Equity Laddered Overlay ETF Trading Down 0.5 %
HELO opened at $61.69 on Thursday. The stock has a market capitalization of $668.10 million, a P/E ratio of 24.88 and a beta of 0.56. The stock has a 50-day moving average price of $60.46 and a 200-day moving average price of $58.45. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $48.71 and a 12-month high of $62.03.
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.
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