Penney Financial LLC Has $3.60 Million Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Penney Financial LLC lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 5.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 57,940 shares of the company’s stock after acquiring an additional 3,013 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF makes up 2.4% of Penney Financial LLC’s portfolio, making the stock its 9th largest holding. Penney Financial LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $3,595,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of HELO. Susquehanna International Group LLP increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 334.8% during the second quarter. Susquehanna International Group LLP now owns 65,472 shares of the company’s stock valued at $3,834,000 after acquiring an additional 50,413 shares during the period. B. Riley Wealth Advisors Inc. bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the second quarter valued at approximately $240,000. Truist Financial Corp acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the second quarter valued at $343,000. Cetera Investment Advisers lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 86.5% in the second quarter. Cetera Investment Advisers now owns 187,999 shares of the company’s stock worth $11,009,000 after purchasing an additional 87,191 shares during the period. Finally, Centaurus Financial Inc. boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 49.7% during the second quarter. Centaurus Financial Inc. now owns 2,724 shares of the company’s stock worth $159,000 after buying an additional 904 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $62.94 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $53.60 and a 52-week high of $63.50. The firm has a market capitalization of $681.64 million, a PE ratio of 24.88 and a beta of 0.56. The company’s fifty day moving average price is $62.76 and its two-hundred day moving average price is $61.17.

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.