Short Interest in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Grows By 21.1%

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 161,808 shares, an increase of 21.1% from the January 29th total of 133,564 shares. Based on an average trading volume of 339,627 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 339,627 shares, the short-interest ratio is presently 0.5 days.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.2%

HELO opened at $66.43 on Friday. The business’s fifty day simple moving average is $66.78 and its 200 day simple moving average is $65.77. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $56.11 and a 52 week high of $67.60. The stock has a market cap of $3.75 billion, a PE ratio of 25.99 and a beta of 0.58.

Hedge Funds Weigh In On JPMorgan Hedged Equity Laddered Overlay ETF

A number of hedge funds have recently modified their holdings of the company. Benjamin Edwards Inc. increased its position in JPMorgan Hedged Equity Laddered Overlay ETF by 1.1% during the 3rd quarter. Benjamin Edwards Inc. now owns 15,324 shares of the company’s stock valued at $996,000 after purchasing an additional 160 shares during the period. Marks Group Wealth Management Inc increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 2.9% during the fourth quarter. Marks Group Wealth Management Inc now owns 6,006 shares of the company’s stock valued at $399,000 after buying an additional 167 shares during the period. Assetmark Inc. increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 24.4% during the second quarter. Assetmark Inc. now owns 893 shares of the company’s stock valued at $56,000 after buying an additional 175 shares during the period. Nvwm LLC raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 1.4% in the second quarter. Nvwm LLC now owns 13,839 shares of the company’s stock worth $866,000 after buying an additional 185 shares in the last quarter. Finally, Lakeridge Wealth Management LLC lifted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 1.1% in the third quarter. Lakeridge Wealth Management LLC now owns 18,452 shares of the company’s stock worth $1,199,000 after buying an additional 194 shares during the period.

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. The fund aims for enhanced risk-adjusted return over a full market cycle with lower volatility than traditional equity strategies HELO was launched on Sep 28, 2023 and is issued by JPMorgan Chase.