Sagespring Wealth Partners LLC Lowers Stake in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Sagespring Wealth Partners LLC reduced its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 16.2% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 4,346 shares of the company’s stock after selling 843 shares during the period. Sagespring Wealth Partners LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $272,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of HELO. Hazlett Burt & Watson Inc. grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 1,179.4% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 435 shares of the company’s stock worth $26,000 after purchasing an additional 401 shares during the last quarter. ORG Partners LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter worth $30,000. Compass Financial Services Inc purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 1st quarter worth $64,000. Parallel Advisors LLC grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 138.8% during the 2nd quarter. Parallel Advisors LLC now owns 1,194 shares of the company’s stock worth $75,000 after purchasing an additional 694 shares during the last quarter. Finally, AE Wealth Management LLC grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 52.2% during the 1st quarter. AE Wealth Management LLC now owns 1,679 shares of the company’s stock worth $100,000 after purchasing an additional 576 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $64.91 on Friday. The company has a market capitalization of $3.47 billion, a P/E ratio of 25.99 and a beta of 0.56. The company’s fifty day moving average is $64.55 and its two-hundred day moving average is $62.33. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $56.11 and a 1 year high of $65.25.

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.