JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Position Boosted by Summit Wealth Partners LLC

Summit Wealth Partners LLC raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 6.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,006 shares of the company’s stock after acquiring an additional 432 shares during the period. Summit Wealth Partners LLC owned approximately 0.06% of JPMorgan Hedged Equity Laddered Overlay ETF worth $410,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in HELO. Strategic Financial Concepts LLC raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 12,459.0% during the second quarter. Strategic Financial Concepts LLC now owns 1,001,832 shares of the company’s stock valued at $587,000 after purchasing an additional 993,855 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 12,256.7% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 627,228 shares of the company’s stock worth $36,730,000 after buying an additional 622,152 shares in the last quarter. CGC Financial Services LLC lifted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 86.8% in the 2nd quarter. CGC Financial Services LLC now owns 1,029,959 shares of the company’s stock worth $60,314,000 after acquiring an additional 478,565 shares during the period. Gradient Investments LLC boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 49.7% in the second quarter. Gradient Investments LLC now owns 1,172,555 shares of the company’s stock valued at $68,665,000 after acquiring an additional 389,405 shares in the last quarter. Finally, Consolidated Planning Corp acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the second quarter valued at approximately $22,604,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA:HELO opened at $60.78 on Wednesday. The stock has a market cap of $658.25 million, a price-to-earnings ratio of 24.88 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 12 month low of $48.71 and a 12 month high of $61.18. The stock’s 50 day moving average price is $59.38 and its 200 day moving average price is $57.83.

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.