Stifel Financial Corp Invests $934,000 in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Stifel Financial Corp bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 15,280 shares of the company’s stock, valued at approximately $934,000. Stifel Financial Corp owned about 0.14% of JPMorgan Hedged Equity Laddered Overlay ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in HELO. Strategic Financial Concepts LLC lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 12,459.0% in the second quarter. Strategic Financial Concepts LLC now owns 1,001,832 shares of the company’s stock valued at $587,000 after buying an additional 993,855 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 40.5% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 881,103 shares of the company’s stock valued at $53,871,000 after acquiring an additional 253,875 shares during the period. HighTower Advisors LLC raised its position in JPMorgan Hedged Equity Laddered Overlay ETF by 35.8% in the 3rd quarter. HighTower Advisors LLC now owns 635,560 shares of the company’s stock valued at $38,820,000 after purchasing an additional 167,439 shares during the last quarter. Peterson Wealth Advisors LLC boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 8.9% during the 3rd quarter. Peterson Wealth Advisors LLC now owns 555,607 shares of the company’s stock worth $33,970,000 after purchasing an additional 45,261 shares during the period. Finally, Consolidated Planning Corp grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 8.9% during the 3rd quarter. Consolidated Planning Corp now owns 420,226 shares of the company’s stock worth $25,693,000 after purchasing an additional 34,224 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

NYSEARCA HELO opened at $62.70 on Tuesday. The firm’s fifty day moving average is $62.47 and its two-hundred day moving average is $60.38. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $52.52 and a one year high of $63.42. The firm has a market cap of $679.04 million, a PE ratio of 24.88 and a beta of 0.56.

JPMorgan Hedged Equity Laddered Overlay ETF 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.