Kestra Private Wealth Services LLC Has $8.78 Million Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Kestra Private Wealth Services LLC raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 178.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 141,439 shares of the company’s stock after purchasing an additional 90,585 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $8,775,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Lowe Wealth Advisors LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 81.7% during the 4th quarter. Lowe Wealth Advisors LLC now owns 1,501 shares of the company’s stock valued at $93,000 after purchasing an additional 675 shares in the last quarter. Claro Advisors LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter valued at about $205,000. NBC Securities Inc. bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter worth about $223,000. MCIA Inc acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter valued at about $230,000. Finally, Monterey Private Wealth Inc. bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at about $227,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

HELO stock opened at $62.76 on Monday. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $54.10 and a fifty-two week high of $63.50. The stock’s 50 day simple moving average is $62.76 and its 200 day simple moving average is $61.35. The company has a market cap of $679.69 million, a P/E 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.