Cedar Mountain Advisors LLC Makes New $232,000 Investment in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Cedar Mountain Advisors LLC acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,746 shares of the company’s stock, valued at approximately $232,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sanctuary Advisors LLC bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter valued at about $542,000. Stifel Financial Corp acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at approximately $934,000. JPMorgan Chase & Co. increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 35.4% during the third quarter. JPMorgan Chase & Co. now owns 343,256 shares of the company’s stock worth $20,987,000 after purchasing an additional 89,742 shares during the period. Blue Trust Inc. acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter worth approximately $325,000. Finally, HBW Advisory Services LLC boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 104.7% in the 3rd quarter. HBW Advisory Services LLC now owns 27,342 shares of the company’s stock valued at $1,672,000 after purchasing an additional 13,983 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA HELO opened at $63.35 on Friday. The firm has a market cap of $686.08 million, a price-to-earnings ratio of 24.88 and a beta of 0.56. The stock’s fifty day moving average price is $62.69 and its two-hundred day moving average price is $61.04. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $53.60 and a one year high of $63.50.

JPMorgan Hedged Equity Laddered Overlay ETF 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.