Financial Advocates Investment Management Makes New $1.58 Million Investment in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Financial Advocates Investment Management bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 25,524 shares of the company’s stock, valued at approximately $1,583,000.

Several other institutional investors have also recently made changes to their positions in the company. Legacy CG LLC grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 4,462.7% in the fourth quarter. Legacy CG LLC now owns 273,215 shares of the company’s stock worth $16,950,000 after purchasing an additional 267,227 shares during the period. John W. Brooker & Co. CPAs boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 1.5% during the 4th quarter. John W. Brooker & Co. CPAs now owns 18,304 shares of the company’s stock valued at $1,136,000 after buying an additional 279 shares in the last quarter. Summit Wealth Partners LLC grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 44.1% in the 4th quarter. Summit Wealth Partners LLC now owns 11,302 shares of the company’s stock worth $701,000 after buying an additional 3,460 shares during the period. Nvwm LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter worth about $875,000. Finally, Stratos Wealth Advisors LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 73.1% in the 4th quarter. Stratos Wealth Advisors LLC now owns 26,917 shares of the company’s stock worth $1,670,000 after acquiring an additional 11,368 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

NYSEARCA:HELO opened at $63.11 on Friday. The firm has a market capitalization of $683.48 million, a P/E ratio of 24.88 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $54.10 and a one year high of $63.50. The company’s 50-day simple moving average is $62.76 and its 200 day simple moving average is $61.30.

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.