Janney Montgomery Scott LLC Lowers Stock Holdings in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Janney Montgomery Scott LLC lowered its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 32.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 58,828 shares of the company’s stock after selling 28,706 shares during the quarter. Janney Montgomery Scott LLC owned about 0.11% of JPMorgan Hedged Equity Laddered Overlay ETF worth $3,681,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Hazlett Burt & Watson Inc. grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 1,179.4% during the first quarter. Hazlett Burt & Watson Inc. now owns 435 shares of the company’s stock worth $26,000 after buying an additional 401 shares during the last quarter. ORG Partners LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the second quarter worth about $30,000. Compass Financial Services Inc purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter worth about $64,000. Parallel Advisors LLC grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 138.8% during the second quarter. Parallel Advisors LLC now owns 1,194 shares of the company’s stock worth $75,000 after buying an additional 694 shares during the last quarter. Finally, AE Wealth Management LLC grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 52.2% during the first quarter. AE Wealth Management LLC now owns 1,679 shares of the company’s stock worth $100,000 after buying an additional 576 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.2%

NYSEARCA HELO opened at $65.11 on Thursday. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $56.11 and a 52-week high of $65.25. The business’s 50-day moving average price is $64.33 and its 200 day moving average price is $62.10. The firm has a market cap of $3.42 billion, a P/E ratio of 25.99 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.