Orion Portfolio Solutions LLC Decreases Holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Orion Portfolio Solutions LLC reduced its position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 3.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 92,483 shares of the company’s stock after selling 3,691 shares during the period. Orion Portfolio Solutions LLC owned about 0.85% of JPMorgan Hedged Equity Laddered Overlay ETF worth $5,738,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HELO. Harbour Investments Inc. raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 46.7% during the 4th quarter. Harbour Investments Inc. now owns 647 shares of the company’s stock worth $40,000 after buying an additional 206 shares during the last quarter. BCGM Wealth Management LLC increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 5.0% during the 4th quarter. BCGM Wealth Management LLC now owns 5,826 shares of the company’s stock valued at $361,000 after acquiring an additional 278 shares in the last quarter. John W. Brooker & Co. CPAs raised its position in JPMorgan Hedged Equity Laddered Overlay ETF by 1.5% during the fourth quarter. John W. Brooker & Co. CPAs now owns 18,304 shares of the company’s stock worth $1,136,000 after acquiring an additional 279 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 4.1% in the fourth quarter. Sanctuary Advisors LLC now owns 8,999 shares of the company’s stock valued at $566,000 after purchasing an additional 356 shares in the last quarter. Finally, Truist Financial Corp grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7.2% in the fourth quarter. Truist Financial Corp now owns 5,685 shares of the company’s stock valued at $353,000 after purchasing an additional 384 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

HELO stock opened at $59.58 on Friday. The stock’s 50 day moving average price is $62.04 and its 200 day moving average price is $62.02. The firm has a market cap of $2.71 billion, a P/E ratio of 25.69 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 $63.81.

JPMorgan Hedged Equity Laddered Overlay ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a $0.088 dividend. This is an increase from JPMorgan Hedged Equity Laddered Overlay ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Tuesday, March 25th.

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.