Thrivent Financial for Lutherans Acquires 18,513 Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Thrivent Financial for Lutherans boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 16.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 128,132 shares of the company’s stock after buying an additional 18,513 shares during the quarter. Thrivent Financial for Lutherans’ holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $8,057,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Strategic Financial Concepts LLC grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 10,269.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,029,675 shares of the company’s stock worth $125,921,000 after purchasing an additional 2,010,101 shares during the period. Forvis Mazars Wealth Advisors LLC boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 43.3% during the fourth quarter. Forvis Mazars Wealth Advisors LLC now owns 1,385,589 shares of the company’s stock worth $85,962,000 after buying an additional 418,404 shares during the last quarter. Raymond James Financial Inc. bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth about $72,681,000. Dynasty Wealth Management LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth about $63,630,000. Finally, Legacy Financial Group LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 978.8% in the 4th quarter. Legacy Financial Group LLC now owns 895,479 shares of the company’s stock valued at $55,556,000 after acquiring an additional 812,471 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA:HELO opened at $60.36 on Monday. The company has a market capitalization of $2.75 billion, a price-to-earnings ratio of 25.69 and a beta of 0.56. The firm’s 50 day simple moving average is $62.22 and its 200 day simple moving average is $61.99. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $54.24 and a fifty-two week high of $63.81.

JPMorgan Hedged Equity Laddered Overlay ETF Company 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.