Brookstone Capital Management Grows Holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Brookstone Capital Management raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 351.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,895 shares of the company’s stock after purchasing an additional 18,605 shares during the quarter. Brookstone Capital Management’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $1,337,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Harbor Investment Advisory LLC bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 1st quarter worth $1,407,000. Cooper Financial Group boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 15.1% in the first quarter. Cooper Financial Group now owns 8,122 shares of the company’s stock worth $455,000 after acquiring an additional 1,068 shares during the period. Legacy Financial Group LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter worth about $2,255,000. Orrstown Financial Services Inc. grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 397.0% during the first quarter. Orrstown Financial Services Inc. now owns 82,246 shares of the company’s stock worth $4,603,000 after purchasing an additional 65,696 shares in the last quarter. Finally, Visionary Wealth Advisors bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter valued at approximately $1,814,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

HELO stock opened at $58.56 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $48.71 and a 1-year high of $58.91. The business has a 50 day simple moving average of $57.02 and a two-hundred day simple moving average of $55.27. The company has a market capitalization of $634.20 million, a price-to-earnings ratio of 24.88 and a beta of 0.56.

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.