Global Retirement Partners LLC Makes New Investment in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Global Retirement Partners LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,708 shares of the company’s stock, valued at approximately $482,000.

Other hedge funds also recently modified their holdings of the company. Bank of New York Mellon Corp bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter worth approximately $93,746,000. RWA Wealth Partners LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the second quarter worth $54,657,000. Forvis Mazars Wealth Advisors LLC increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 36.7% during the first quarter. Forvis Mazars Wealth Advisors LLC now owns 1,894,647 shares of the company’s stock worth $113,073,000 after acquiring an additional 509,058 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 1,777,086 shares of the company’s stock worth $111,868,000 after acquiring an additional 373,033 shares during the period. Finally, Envestnet Asset Management Inc. lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 14.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,566,323 shares of the company’s stock valued at $160,517,000 after acquiring an additional 324,692 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 0.2%

Shares of NYSEARCA HELO opened at $66.20 on Friday. The company has a fifty day moving average price of $65.25 and a 200 day moving average price of $63.76. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $56.11 and a 1-year high of $66.23. The firm has a market cap of $3.61 billion, a PE ratio of 25.99 and a beta of 0.58.

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.