Thoroughbred Financial Services LLC Grows Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Thoroughbred Financial Services LLC increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 34.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 21,464 shares of the company’s stock after buying an additional 5,550 shares during the period. Thoroughbred Financial Services LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $1,256,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Gradient Investments LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 49.7% during the second quarter. Gradient Investments LLC now owns 1,172,555 shares of the company’s stock worth $68,665,000 after buying an additional 389,405 shares during the period. CGC Financial Services LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 86.8% during the second quarter. CGC Financial Services LLC now owns 1,029,959 shares of the company’s stock worth $60,314,000 after buying an additional 478,565 shares during the period. Strategic Financial Concepts LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 12,459.0% during the second quarter. Strategic Financial Concepts LLC now owns 1,001,832 shares of the company’s stock worth $587,000 after buying an additional 993,855 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 12,256.7% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 627,228 shares of the company’s stock worth $36,730,000 after buying an additional 622,152 shares during the period. Finally, Peterson Wealth Advisors LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 68.4% during the first quarter. Peterson Wealth Advisors LLC now owns 466,795 shares of the company’s stock worth $26,126,000 after buying an additional 189,530 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

HELO stock opened at $60.10 on Friday. The company’s 50 day moving average price is $59.01 and its 200 day moving average price is $57.36. The firm has a market capitalization of $650.88 million, a price-to-earnings ratio of 24.88 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $48.71 and a fifty-two week high of $60.41.

JPMorgan Hedged Equity Laddered Overlay ETF Company 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.