Purkiss Capital Advisors LLC Grows Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Purkiss Capital Advisors LLC increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 21.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 30,538 shares of the company’s stock after acquiring an additional 5,326 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF accounts for 1.1% of Purkiss Capital Advisors LLC’s portfolio, making the stock its 18th largest position. Purkiss Capital Advisors LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $1,911,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Hazlett Burt & Watson Inc. raised its position in JPMorgan Hedged Equity Laddered Overlay ETF by 1,179.4% in the first quarter. Hazlett Burt & Watson Inc. now owns 435 shares of the company’s stock worth $26,000 after acquiring an additional 401 shares during the period. ORG Partners LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter worth $30,000. Avion Wealth bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter worth $51,000. Compass Financial Services Inc purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter valued at $64,000. Finally, Parallel Advisors LLC grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 138.8% during the second quarter. Parallel Advisors LLC now owns 1,194 shares of the company’s stock valued at $75,000 after purchasing an additional 694 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.3%

Shares of HELO opened at $65.75 on Tuesday. The business has a 50-day simple moving average of $64.74 and a two-hundred day simple moving average of $62.69. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $56.11 and a 52 week high of $65.98. The stock has a market cap of $3.52 billion, a price-to-earnings ratio of 25.99 and a beta of 0.58.

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.