Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. lessened its holdings in shares of Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) by 0.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 169,776 shares of the company’s stock after selling 1,154 shares during the quarter. JPMorgan Chase & Co. owned 4.47% of Overlay Shares Large Cap Equity ETF worth $7,891,000 at the end of the most recent quarter.

Separately, Fiduciary Alliance LLC bought a new position in shares of Overlay Shares Large Cap Equity ETF during the third quarter worth about $242,000.

Overlay Shares Large Cap Equity ETF Stock Performance

Overlay Shares Large Cap Equity ETF stock opened at $46.09 on Wednesday. Overlay Shares Large Cap Equity ETF has a 1 year low of $37.28 and a 1 year high of $49.50. The firm’s 50-day moving average is $47.72 and its 200-day moving average is $45.94. The company has a market cap of $175.14 million, a P/E ratio of 25.46 and a beta of 1.18.

Overlay Shares Large Cap Equity ETF Company Profile

The Overlay Shares Large Cap Equity ETF (OVL) is an exchange-traded fund that is based on the S&P 500 index. The fund is actively managed to provide exposure to large cap U.S. equities combined with a put spread option overlay strategy. OVL was launched on Sep 30, 2019 and is managed by Overlay Shares.