Lakeridge Wealth Management LLC Acquires 4,507 Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Lakeridge Wealth Management LLC lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 45.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 14,381 shares of the company’s stock after buying an additional 4,507 shares during the quarter. Lakeridge Wealth Management LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $892,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in HELO. Lowe Wealth Advisors LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 81.7% during the fourth quarter. Lowe Wealth Advisors LLC now owns 1,501 shares of the company’s stock worth $93,000 after purchasing an additional 675 shares during the period. Claro Advisors LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth approximately $205,000. NBC Securities Inc. bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth approximately $223,000. Monterey Private Wealth Inc. bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth approximately $227,000. Finally, MCIA Inc bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth approximately $230,000.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 0.3 %

Shares of NYSEARCA HELO opened at $63.42 on Friday. The firm has a market cap of $686.84 million, a P/E ratio of 24.88 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $54.24 and a 1-year high of $63.50. The business’s 50 day moving average is $62.74 and its 200-day moving average is $61.52.

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.