Brookstone Capital Management Sells 3,227 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Brookstone Capital Management lowered its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 2.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 123,919 shares of the company’s stock after selling 3,227 shares during the period. Brookstone Capital Management owned 0.24% of JPMorgan Hedged Equity Laddered Overlay ETF worth $7,755,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of HELO. Oppenheimer & Co. Inc. bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter valued at approximately $4,862,000. Valmark Advisers Inc. bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter valued at approximately $260,000. Consolidated Portfolio Review Corp raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 17.1% during the first quarter. Consolidated Portfolio Review Corp now owns 5,913 shares of the company’s stock valued at $353,000 after buying an additional 864 shares during the last quarter. Archford Capital Strategies LLC raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 1,224.8% during the first quarter. Archford Capital Strategies LLC now owns 50,076 shares of the company’s stock valued at $2,989,000 after buying an additional 46,296 shares during the last quarter. Finally, Golden State Wealth Management LLC raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 685.7% during the first quarter. Golden State Wealth Management LLC now owns 14,222 shares of the company’s stock valued at $849,000 after buying an additional 12,412 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $65.25 on Thursday. The stock has a market cap of $3.49 billion, a P/E ratio of 25.99 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $56.11 and a 1 year high of $65.54. The firm’s 50 day moving average price is $64.64 and its 200-day moving average price is $62.45.

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.