Genesis Wealth Advisors LLC Takes $245,000 Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Genesis Wealth Advisors LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,947 shares of the company’s stock, valued at approximately $245,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Strategic Financial Concepts LLC grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 10,269.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,029,675 shares of the company’s stock worth $125,921,000 after buying an additional 2,010,101 shares in the last quarter. Legacy Financial Group LLC grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 978.8% during the fourth quarter. Legacy Financial Group LLC now owns 895,479 shares of the company’s stock worth $55,556,000 after buying an additional 812,471 shares in the last quarter. Forvis Mazars Wealth Advisors LLC grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 43.3% during the fourth quarter. Forvis Mazars Wealth Advisors LLC now owns 1,385,589 shares of the company’s stock worth $85,962,000 after buying an additional 418,404 shares in the last quarter. Legacy CG LLC grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 4,462.7% during the fourth quarter. Legacy CG LLC now owns 273,215 shares of the company’s stock worth $16,950,000 after buying an additional 267,227 shares in the last quarter. Finally, SK Wealth Management LLC acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth approximately $16,732,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA:HELO opened at $62.85 on Monday. The company has a market capitalization of $680.67 million, a P/E ratio of 24.88 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $54.24 and a 1 year high of $63.81. The business’s 50 day simple moving average is $62.76 and its 200 day simple moving average is $61.74.

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.