Global Retirement Partners LLC Buys 4,224 Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Global Retirement Partners LLC boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 145.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 7,121 shares of the company’s stock after acquiring an additional 4,224 shares during the quarter. Global Retirement Partners LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $442,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in HELO. Semus Wealth Partners LLC increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 59.3% in the 4th quarter. Semus Wealth Partners LLC now owns 15,070 shares of the company’s stock worth $935,000 after purchasing an additional 5,610 shares in the last quarter. 3EDGE Asset Management LP bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth about $3,352,000. Plan Group Financial LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at approximately $832,000. Atria Wealth Solutions Inc. bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at approximately $3,138,000. Finally, Truist Financial Corp boosted its position in 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 buying an additional 384 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of NYSEARCA HELO opened at $62.85 on Monday. The firm has a 50 day moving average price of $62.76 and a two-hundred day moving average price of $61.74. The stock has a market cap of $680.67 million, a P/E ratio of 24.88 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.

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.