Truist Financial Corp Purchases Shares of 5,864 JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Truist Financial Corp acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 5,864 shares of the company’s stock, valued at approximately $343,000. Truist Financial Corp owned 0.05% of JPMorgan Hedged Equity Laddered Overlay ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Gradient Investments LLC lifted its stake in 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 worth $68,665,000 after acquiring an additional 389,405 shares during the period. CGC Financial Services LLC boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 86.8% during the 2nd quarter. CGC Financial Services LLC now owns 1,029,959 shares of the company’s stock valued at $60,314,000 after purchasing an additional 478,565 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 12,459.0% during the 2nd 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 stake in JPMorgan Hedged Equity Laddered Overlay ETF by 12,256.7% in the second 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. Finally, Peterson Wealth Advisors LLC raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 68.4% in the first quarter. Peterson Wealth Advisors LLC now owns 466,795 shares of the company’s stock worth $26,126,000 after buying an additional 189,530 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $62.02 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $48.71 and a fifty-two week high of $62.02. The stock’s 50 day simple moving average is $60.25 and its two-hundred day simple moving average is $58.30. The stock has a market cap of $671.68 million, a price-to-earnings ratio of 24.88 and a beta of 0.56.

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.