Cyndeo Wealth Partners LLC Sells 28,870 Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Cyndeo Wealth Partners LLC lowered its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 41.2% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 41,199 shares of the company’s stock after selling 28,870 shares during the period. Cyndeo Wealth Partners LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $2,459,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of HELO. Raymond James Financial Inc. acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at approximately $72,681,000. Dynasty Wealth Management LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at approximately $63,630,000. JPMorgan Chase & Co. raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 296.6% in the 4th quarter. JPMorgan Chase & Co. now owns 1,361,256 shares of the company’s stock valued at $84,452,000 after buying an additional 1,018,000 shares in the last quarter. Sagespring Wealth Partners LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at approximately $59,009,000. Finally, LPL Financial LLC raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 99.9% in the 4th quarter. LPL Financial LLC now owns 1,193,554 shares of the company’s stock valued at $74,048,000 after buying an additional 596,418 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 0.4%

Shares of NYSEARCA:HELO opened at $62.04 on Tuesday. The firm has a 50 day moving average of $60.20 and a 200-day moving average of $61.33. The stock has a market capitalization of $3.19 billion, a PE ratio of 25.10 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 12 month low of $55.83 and a 12 month high of $63.81.

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.