Assetmark Inc. Purchases Shares of 718 JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Assetmark Inc. acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 718 shares of the company’s stock, valued at approximately $45,000.

Several other hedge funds have also recently made changes to their positions in the business. Steward Partners Investment Advisory LLC boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 670.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,919 shares of the company’s stock valued at $119,000 after purchasing an additional 1,670 shares in the last quarter. Bedel Financial Consulting Inc. grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 21.6% in the fourth quarter. Bedel Financial Consulting Inc. now owns 18,805 shares of the company’s stock worth $1,182,000 after purchasing an additional 3,343 shares during the period. Smartleaf Asset Management LLC raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 28.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 30,630 shares of the company’s stock worth $1,904,000 after purchasing an additional 6,723 shares in the last quarter. Purkiss Capital Advisors LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter valued at $1,377,000. Finally, Dynasty Wealth Management LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth about $63,630,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 1.0 %

Shares of HELO opened at $60.49 on Friday. The stock has a market cap of $2.74 billion, a P/E ratio of 26.59 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $54.24 and a 52 week high of $63.81. The business’s 50 day moving average price is $62.40 and its 200-day moving average price is $61.95.

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.