Grant Private Wealth Management Inc Invests $2.39 Million in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Grant Private Wealth Management Inc purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 36,827 shares of the company’s stock, valued at approximately $2,394,000. JPMorgan Hedged Equity Laddered Overlay ETF comprises about 1.5% of Grant Private Wealth Management Inc’s investment portfolio, making the stock its 13th biggest holding. Grant Private Wealth Management Inc owned approximately 0.07% of JPMorgan Hedged Equity Laddered Overlay ETF as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of HELO. Signature Estate & Investment Advisors LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the first quarter worth about $687,000. Bank of Montreal Can boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7,854.2% during the second quarter. Bank of Montreal Can now owns 1,909 shares of the company’s stock worth $119,000 after acquiring an additional 1,885 shares during the last quarter. Family Capital Management Inc. purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the second quarter valued at about $896,000. Prime Capital Investment Advisors LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter valued at approximately $841,000. Finally, Yarger Wealth Strategies LLC grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 297.4% in the second quarter. Yarger Wealth Strategies LLC now owns 26,017 shares of the company’s stock valued at $1,628,000 after purchasing an additional 19,470 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.3%

JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $65.97 on Wednesday. The company’s 50-day moving average price is $65.55 and its 200-day moving average price is $64.21. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $56.11 and a twelve month high of $66.73. The company has a market cap of $3.59 billion, a PE ratio of 25.99 and a beta of 0.58.

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.