Bank of New York Mellon Corp Takes Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Bank of New York Mellon Corp bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the 2nd quarter, according to its most recent filing with the SEC. The fund bought 1,498,016 shares of the company’s stock, valued at approximately $93,746,000. Bank of New York Mellon Corp owned 2.89% of JPMorgan Hedged Equity Laddered Overlay ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of Montreal Can raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7,854.2% in the second quarter. Bank of Montreal Can now owns 1,909 shares of the company’s stock worth $119,000 after acquiring an additional 1,885 shares during the period. Strategic Financial Concepts LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 33.8% in the 2nd quarter. Strategic Financial Concepts LLC now owns 55,483 shares of the company’s stock valued at $3,477,000 after purchasing an additional 14,015 shares in the last quarter. Hicks Capital Management LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter valued at about $926,000. IFG Advisory LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter worth about $1,736,000. Finally, Pinnacle Associates Ltd. boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 375.5% during the second quarter. Pinnacle Associates Ltd. now owns 47,790 shares of the company’s stock worth $2,991,000 after purchasing an additional 37,740 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $65.27 on Friday. The stock has a market capitalization of $3.56 billion, a PE ratio of 25.99 and a beta of 0.58. The business has a 50 day simple moving average of $65.00 and a 200-day simple moving average of $63.15. JPMorgan Hedged Equity Laddered Overlay ETF has a 12 month low of $56.11 and a 12 month high of $66.01.

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.