JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Hits New 12-Month High – Still a Buy?

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELOGet Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $66.03 and last traded at $65.83, with a volume of 28451 shares changing hands. The stock had previously closed at $65.81.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 0.1%

The firm has a 50-day simple moving average of $65.07 and a two-hundred day simple moving average of $63.28. The company has a market capitalization of $3.59 billion, a price-to-earnings ratio of 25.99 and a beta of 0.58.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Hazlett Burt & Watson Inc. grew its stake in shares of 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 period. ORG Partners LLC acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the second quarter valued at $30,000. First Horizon Corp purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at $48,000. Avion Wealth acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the second quarter worth about $51,000. Finally, Assetmark Inc. boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 24.4% during the 2nd quarter. Assetmark Inc. now owns 893 shares of the company’s stock worth $56,000 after acquiring an additional 175 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Company Profile

(Get Free Report)

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.

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