Short Interest in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Expands By 16.1%

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) was the recipient of a large growth in short interest in February. As of February 27th, there was short interest totaling 187,847 shares, a growth of 16.1% from the February 12th total of 161,808 shares. Based on an average trading volume of 267,830 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.3% of the shares of the stock are short sold. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 267,830 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On JPMorgan Hedged Equity Laddered Overlay ETF

A number of large investors have recently bought and sold shares of HELO. Corient Private Wealth LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter worth $915,000. Taylor Securities Services Inc. purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at $49,730,000. NCM Capital Management LLC boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 4.1% during the fourth quarter. NCM Capital Management LLC now owns 21,627 shares of the company’s stock valued at $1,437,000 after acquiring an additional 850 shares during the last quarter. Wick Capital Partners LLC boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 2,258.3% during the fourth quarter. Wick Capital Partners LLC now owns 173,878 shares of the company’s stock valued at $11,551,000 after acquiring an additional 166,505 shares during the last quarter. Finally, Arwa LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth about $677,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA HELO opened at $64.86 on Thursday. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $56.11 and a 12-month high of $67.60. The company has a market capitalization of $3.66 billion, a PE ratio of 25.99 and a beta of 0.58. The firm’s 50-day moving average is $66.58 and its two-hundred day moving average is $65.88.

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.