Yarger Wealth Strategies LLC Takes Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Yarger Wealth Strategies LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,547 shares of the company’s stock, valued at approximately $391,000.

A number of other large investors have also recently modified their holdings of the stock. Envestnet Asset Management Inc. boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 10.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 1,538,267 shares of the company’s stock valued at $95,434,000 after purchasing an additional 144,949 shares in the last quarter. Forvis Mazars Wealth Advisors LLC boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 43.3% during the fourth quarter. Forvis Mazars Wealth Advisors LLC now owns 1,385,589 shares of the company’s stock worth $85,962,000 after acquiring an additional 418,404 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 296.6% during the fourth quarter. JPMorgan Chase & Co. now owns 1,361,256 shares of the company’s stock worth $84,452,000 after acquiring an additional 1,018,000 shares in the last quarter. LPL Financial LLC boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 99.9% during the fourth quarter. LPL Financial LLC now owns 1,193,554 shares of the company’s stock worth $74,048,000 after acquiring an additional 596,418 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth about $72,681,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

NYSEARCA:HELO opened at $61.96 on Thursday. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $55.83 and a one year high of $63.81. The company’s 50-day simple moving average is $59.89 and its 200 day simple moving average is $61.38. The firm has a market capitalization of $3.17 billion, a P/E ratio of 25.43 and a beta of 0.56.

About JPMorgan Hedged Equity Laddered Overlay ETF

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.