Focus Financial Network Inc. Sells 10,860 Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Focus Financial Network Inc. cut its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 58.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,634 shares of the company’s stock after selling 10,860 shares during the quarter. Focus Financial Network Inc.’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $456,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of HELO. Tyler Stone Wealth Management boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 77.6% in the fourth quarter. Tyler Stone Wealth Management now owns 58,702 shares of the company’s stock valued at $3,642,000 after purchasing an additional 25,656 shares during the period. Ausdal Financial Partners Inc. purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter valued at $1,897,000. Thrivent Financial for Lutherans raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 16.9% in the 4th quarter. Thrivent Financial for Lutherans now owns 128,132 shares of the company’s stock worth $8,057,000 after acquiring an additional 18,513 shares during the last quarter. Sincerus Advisory LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter worth $1,804,000. Finally, Cetera Investment Advisers raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 27.0% in the 4th quarter. Cetera Investment Advisers now owns 968,518 shares of the company’s stock worth $60,087,000 after acquiring an additional 205,983 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

NYSEARCA HELO opened at $61.82 on Friday. The stock has a 50-day simple moving average of $60.09 and a two-hundred day simple moving average of $61.36. The firm has a market capitalization of $3.18 billion, a P/E ratio of 25.10 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $55.83 and a fifty-two week high of $63.81.

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.