Raymond James & Associates Invests $4.80 Million in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Raymond James & Associates acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 81,998 shares of the company’s stock, valued at approximately $4,802,000. Raymond James & Associates owned 0.76% of JPMorgan Hedged Equity Laddered Overlay ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in HELO. Kestra Private Wealth Services LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at $628,000. Cary Street Partners Asset Management LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at $461,000. TCG Advisory Services LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at $1,626,000. Cary Street Partners Investment Advisory LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at $4,125,000. Finally, Shore Point Advisors LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at $2,208,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.1 %

Shares of NYSEARCA:HELO opened at $59.88 on Friday. The company has a market cap of $648.50 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 $48.71 and a 52 week high of $60.41. The business has a fifty day simple moving average of $58.81 and a 200-day simple moving average of $56.97.

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.