Envestnet Asset Management Inc. Has $24.27 Million Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Envestnet Asset Management Inc. raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 232.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 414,491 shares of the company’s stock after buying an additional 289,914 shares during the quarter. Envestnet Asset Management Inc. owned 3.83% of JPMorgan Hedged Equity Laddered Overlay ETF worth $24,273,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HELO. Lowe Wealth Advisors LLC acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter worth approximately $27,000. Annapolis Financial Services LLC acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter worth approximately $35,000. Stephens Consulting LLC acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter worth approximately $57,000. Capital Advisors Ltd. LLC grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 57.5% during the 1st quarter. Capital Advisors Ltd. LLC now owns 1,507 shares of the company’s stock worth $84,000 after purchasing an additional 550 shares in the last quarter. Finally, SouthState Corp acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter worth approximately $117,000.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Down 0.2 %

Shares of NYSEARCA:HELO opened at $60.60 on Monday. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $48.71 and a 1-year high of $60.89. The firm has a market capitalization of $656.30 million, a PE ratio of 24.88 and a beta of 0.56. The business’s 50 day moving average is $59.13 and its 200-day moving average is $57.56.

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.