Avior Wealth Management LLC Takes $10.58 Million Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Avior Wealth Management LLC 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 169,089 shares of the company’s stock, valued at approximately $10,582,000. Avior Wealth Management LLC owned 0.32% 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 the business. Envestnet Asset Management Inc. grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 45.7% in the first quarter. Envestnet Asset Management Inc. now owns 2,241,631 shares of the company’s stock valued at $133,781,000 after purchasing an additional 703,364 shares during the period. LPL Financial LLC grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 64.1% in the first quarter. LPL Financial LLC now owns 1,958,754 shares of the company’s stock valued at $116,898,000 after purchasing an additional 765,200 shares during the period. Forvis Mazars Wealth Advisors LLC grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 36.7% in the first quarter. Forvis Mazars Wealth Advisors LLC now owns 1,894,647 shares of the company’s stock valued at $113,073,000 after purchasing an additional 509,058 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 1,777,086 shares of the company’s stock valued at $111,868,000 after purchasing an additional 373,033 shares during the period. Finally, Cetera Investment Advisers grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 56.5% in the first quarter. Cetera Investment Advisers now owns 1,515,962 shares of the company’s stock valued at $90,473,000 after purchasing an additional 547,444 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.2%

Shares of NYSEARCA:HELO opened at $64.89 on Friday. The business has a fifty day simple moving average of $64.05 and a 200-day simple moving average of $61.85. The company has a market cap of $3.45 billion, a P/E ratio of 25.99 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $56.11 and a 52 week high of $65.24.

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.