JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Short Interest Up 21.1% in February

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 161,808 shares, an increase of 21.1% from the January 29th total of 133,564 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 339,627 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 339,627 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the company’s stock are short sold.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.3%

Shares of NYSEARCA:HELO traded down $0.18 during trading on Thursday, hitting $66.38. The stock had a trading volume of 23,508 shares, compared to its average volume of 328,315. The company has a market capitalization of $3.75 billion, a PE ratio of 25.99 and a beta of 0.58. The firm’s fifty day moving average is $66.79 and its 200 day moving average is $65.77. JPMorgan Hedged Equity Laddered Overlay ETF has a 12 month low of $56.11 and a 12 month high of $67.60.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of HELO. Bank of New York Mellon Corp bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the second quarter worth about $93,746,000. RWA Wealth Partners LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the second quarter valued at approximately $54,657,000. LPL Financial LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 20.8% in the 4th quarter. LPL Financial LLC now owns 3,189,556 shares of the company’s stock worth $211,882,000 after purchasing an additional 549,559 shares in the last quarter. Bank of America Corp DE boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 22.4% in the 3rd quarter. Bank of America Corp DE now owns 2,053,130 shares of the company’s stock worth $133,453,000 after purchasing an additional 375,879 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% in the 4th quarter. Raymond James Financial Inc. now owns 1,742,174 shares of the company’s stock worth $115,733,000 after buying an additional 365,572 shares during the last quarter.

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. The fund aims for enhanced risk-adjusted return over a full market cycle with lower volatility than traditional equity strategies HELO was launched on Sep 28, 2023 and is issued by JPMorgan Chase.