JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Short Interest Down 53.4% in August

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELOGet Free Report) was the recipient of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 64,879 shares, a decline of 53.4% from the July 30th total of 139,239 shares. Based on an average daily volume of 292,731 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

HELO stock traded down $0.03 on Friday, reaching $69.69. The company had a trading volume of 157,415 shares, compared to its average volume of 341,983. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $63.24 and a 1 year high of $70.23. The company’s fifty day moving average is $68.50 and its 200 day moving average is $67.26. The company has a market cap of $4.71 billion, a P/E ratio of 25.99 and a beta of 0.56.

Institutional Investors Weigh In On JPMorgan Hedged Equity Laddered Overlay ETF

Hedge funds have recently made changes to their positions in the business. Harbor Asset Planning Inc. increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 9.8% in the first quarter. Harbor Asset Planning Inc. now owns 1,705 shares of the company’s stock worth $109,000 after buying an additional 152 shares during the last quarter. Marks Group Wealth Management Inc grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 2.9% during the 4th quarter. Marks Group Wealth Management Inc now owns 6,006 shares of the company’s stock valued at $399,000 after buying an additional 167 shares during the last quarter. CAP Partners LLC grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 2.2% during the first quarter. CAP Partners LLC now owns 8,674 shares of the company’s stock valued at $554,000 after purchasing an additional 190 shares during the last quarter. Cornerstone Wealth Management LLC grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.0% during the fourth quarter. Cornerstone Wealth Management LLC now owns 4,209 shares of the company’s stock valued at $280,000 after purchasing an additional 200 shares during the last quarter. Finally, Clearstead Trust LLC raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 3.3% during the 4th quarter. Clearstead Trust LLC now owns 6,879 shares of the company’s stock worth $457,000 after purchasing an additional 222 shares during the period.

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. The fund aims for enhanced risk-adjusted return over a full market cycle with lower volatility than traditional equity strategies HELO was launched on Sep 28, 2023 and is issued by JPMorgan Chase.

Further Reading

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