Kennedy Investment Group Purchases 8,430 Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Kennedy Investment Group lifted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 21.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 47,029 shares of the company’s stock after acquiring an additional 8,430 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF accounts for approximately 1.3% of Kennedy Investment Group’s holdings, making the stock its 17th biggest holding. Kennedy Investment Group owned 0.43% of JPMorgan Hedged Equity Laddered Overlay ETF worth $2,918,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Lowe Wealth Advisors LLC raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 81.9% during the third quarter. Lowe Wealth Advisors LLC now owns 826 shares of the company’s stock worth $51,000 after purchasing an additional 372 shares during the last quarter. Centaurus Financial Inc. increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 49.7% during the 2nd quarter. Centaurus Financial Inc. now owns 2,724 shares of the company’s stock worth $159,000 after buying an additional 904 shares during the period. Claro Advisors LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at approximately $205,000. NBC Securities Inc. acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter valued at $223,000. Finally, MCIA Inc acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter valued at $230,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA:HELO opened at $63.20 on Wednesday. The stock has a market cap of $684.46 million, a P/E ratio of 24.88 and a beta of 0.56. The firm has a fifty day moving average price of $62.73 and a 200 day moving average price of $61.13. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $53.60 and a 1-year high of $63.50.

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.