JPMorgan Hedged Equity Laddered Overlay ETF $HELO Shares Sold by Ignite Planners LLC

Ignite Planners LLC trimmed its position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 16.3% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,411 shares of the company’s stock after selling 1,251 shares during the period. Ignite Planners LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $406,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Valmark Advisers Inc. grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 100.8% in the second quarter. Valmark Advisers Inc. now owns 8,763 shares of the company’s stock worth $548,000 after purchasing an additional 4,400 shares in the last quarter. WESPAC Advisors LLC grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 3.6% in the second quarter. WESPAC Advisors LLC now owns 5,745 shares of the company’s stock worth $360,000 after purchasing an additional 201 shares in the last quarter. HTG Investment Advisors Inc. grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 9.5% in the second quarter. HTG Investment Advisors Inc. now owns 242,683 shares of the company’s stock worth $15,187,000 after purchasing an additional 21,073 shares in the last quarter. Prime Capital Investment Advisors LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the second quarter worth about $841,000. Finally, DAVENPORT & Co LLC grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 18.8% in the second quarter. DAVENPORT & Co LLC now owns 28,629 shares of the company’s stock worth $1,792,000 after purchasing an additional 4,523 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

NYSEARCA:HELO opened at $65.11 on Thursday. The company has a market capitalization of $3.42 billion, a price-to-earnings ratio of 25.99 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $56.11 and a one year high of $65.25. The stock has a 50-day simple moving average of $64.33 and a 200 day simple moving average of $62.10.

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.