HighTower Advisors LLC Buys 107,785 Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

HighTower Advisors LLC raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 17.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 743,345 shares of the company’s stock after buying an additional 107,785 shares during the quarter. HighTower Advisors LLC owned about 6.86% of JPMorgan Hedged Equity Laddered Overlay ETF worth $46,117,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Sanctuary Advisors LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth $542,000. Stifel Financial Corp bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth $934,000. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 35.4% in 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 in the last quarter. Sincerus Advisory LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter worth $1,804,000. Finally, Private Advisor Group LLC lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 67.5% in the fourth quarter. Private Advisor Group LLC now owns 202,460 shares of the company’s stock worth $12,561,000 after purchasing an additional 81,566 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.7 %

Shares of HELO stock opened at $59.89 on Friday. The company’s fifty day simple moving average is $62.44 and its 200-day simple moving average is $61.94. The firm has a market cap of $2.71 billion, a PE ratio of 26.59 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 12 month low of $54.24 and a 12 month high of $63.81.

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.