JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Shares Bought by Legacy Financial Group LLC

Legacy Financial Group LLC grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 52.4% during the third quarter, HoldingsChannel reports. The firm owned 83,008 shares of the company’s stock after acquiring an additional 28,540 shares during the period. Legacy Financial Group LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $5,075,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Cooper Financial Group boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 15.1% during the first quarter. Cooper Financial Group now owns 8,122 shares of the company’s stock worth $455,000 after buying an additional 1,068 shares during the last quarter. Harbor Investment Advisory LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 1st quarter valued at about $1,407,000. Brookstone Capital Management grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 351.7% in the first quarter. Brookstone Capital Management now owns 23,895 shares of the company’s stock valued at $1,337,000 after purchasing an additional 18,605 shares during the period. Peterson Wealth Advisors LLC increased its position in 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 purchasing an additional 189,530 shares during the last quarter. Finally, Financial Management Professionals Inc. purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter worth about $465,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $61.62 on Wednesday. The firm has a 50 day simple moving average of $59.99 and a 200-day simple moving average of $58.21. The stock has a market cap of $667.34 million, a price-to-earnings ratio of 24.88 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $48.71 and a 1-year high of $61.87.

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.