JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Shares Bought by Firestone Capital Management

Firestone Capital Management raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 149.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 40,802 shares of the company’s stock after acquiring an additional 24,433 shares during the period. Firestone Capital Management owned 0.38% of JPMorgan Hedged Equity Laddered Overlay ETF worth $2,531,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in HELO. Harbour Investments Inc. increased its position in 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 purchasing an additional 206 shares in the last quarter. Assetmark Inc. acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at approximately $45,000. Lowe Wealth Advisors LLC boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 81.7% in the fourth quarter. Lowe Wealth Advisors LLC now owns 1,501 shares of the company’s stock valued at $93,000 after purchasing an additional 675 shares during the period. Steward Partners Investment Advisory LLC increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 670.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,919 shares of the company’s stock worth $119,000 after buying an additional 1,670 shares during the period. Finally, Capital Analysts LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at about $147,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

HELO stock opened at $59.03 on Tuesday. The company has a market capitalization of $2.74 billion, a PE ratio of 24.02 and a beta of 0.56. The stock’s 50 day moving average is $59.86 and its two-hundred day moving average is $61.65. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $54.74 and a 52-week high of $63.81.

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.