JPMorgan Chase & Co. Has $1.61 Million Holdings in Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL)

JPMorgan Chase & Co. reduced its position in shares of Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) by 79.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,472 shares of the company’s stock after selling 135,304 shares during the quarter. JPMorgan Chase & Co. owned 0.91% of Overlay Shares Large Cap Equity ETF worth $1,608,000 at the end of the most recent reporting period.

Separately, Fiduciary Alliance LLC boosted its position in Overlay Shares Large Cap Equity ETF by 49.7% during the fourth quarter. Fiduciary Alliance LLC now owns 7,811 shares of the company’s stock worth $364,000 after purchasing an additional 2,594 shares during the period.

Overlay Shares Large Cap Equity ETF Stock Performance

Shares of OVL opened at $42.57 on Friday. The firm has a market cap of $172.41 million, a P/E ratio of 23.63 and a beta of 1.15. Overlay Shares Large Cap Equity ETF has a 52 week low of $37.58 and a 52 week high of $49.50. The firm’s 50-day simple moving average is $43.62 and its 200 day simple moving average is $46.21.

Overlay Shares Large Cap Equity ETF Profile

The Overlay Shares Large Cap Equity ETF (OVL) is an exchange-traded fund that is based on the S&P 500 index. The fund is actively managed to provide exposure to large cap U.S. equities combined with a put spread option overlay strategy. OVL was launched on Sep 30, 2019 and is managed by Overlay Shares.