Prairieview Wealth Partners LLC Purchases 1,804 Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Prairieview Wealth Partners LLC increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 1.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 111,709 shares of the company’s stock after buying an additional 1,804 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF makes up about 7.5% of Prairieview Wealth Partners LLC’s portfolio, making the stock its 6th biggest position. Prairieview Wealth Partners LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $6,930,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sanctuary Advisors LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth approximately $542,000. Stifel Financial Corp bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth approximately $934,000. JPMorgan Chase & Co. increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 35.4% in the third quarter. JPMorgan Chase & Co. now owns 343,256 shares of the company’s stock worth $20,987,000 after purchasing an additional 89,742 shares in the last quarter. Blue Trust Inc. bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth approximately $325,000. Finally, NBC Securities Inc. bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth approximately $223,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO stock opened at $62.90 on Thursday. The company has a market cap of $681.21 million, a P/E ratio of 24.88 and a beta of 0.56. The stock has a 50 day simple moving average of $62.75 and a two-hundred day simple moving average of $61.44. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $54.10 and a fifty-two week high of $63.50.

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.