Breakwater Capital Group Has $815,000 Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Breakwater Capital Group boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 26.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 13,138 shares of the company’s stock after acquiring an additional 2,714 shares during the quarter. Breakwater Capital Group owned approximately 0.12% of JPMorgan Hedged Equity Laddered Overlay ETF worth $815,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 232.7% in the second quarter. Envestnet Asset Management Inc. now owns 414,491 shares of the company’s stock valued at $24,273,000 after acquiring an additional 289,914 shares during the last quarter. Total Clarity Wealth Management Inc. acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter valued at about $321,000. Madison Wealth Partners Inc bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter valued at about $218,000. Yarger Wealth Strategies LLC acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter worth approximately $611,000. Finally, Firestone Capital Management bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the second quarter worth approximately $327,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO stock opened at $61.73 on Tuesday. The firm’s 50 day moving average price is $62.68 and its two-hundred day moving average price is $60.85. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $52.88 and a 52-week high of $63.42. The stock has a market cap of $668.54 million, a PE ratio of 24.88 and a beta of 0.56.

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.