JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Short Interest Update

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 64,879 shares, a decline of 53.4% from the July 30th total of 139,239 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 292,731 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On JPMorgan Hedged Equity Laddered Overlay ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. LPL Financial LLC boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 20.8% during the 4th quarter. LPL Financial LLC now owns 3,189,556 shares of the company’s stock worth $211,882,000 after acquiring an additional 549,559 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 9.3% in the first quarter. Bank of America Corp DE now owns 2,420,158 shares of the company’s stock valued at $154,672,000 after purchasing an additional 206,013 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 10.1% during the first quarter. Bank of New York Mellon Corp now owns 2,229,653 shares of the company’s stock valued at $142,497,000 after purchasing an additional 203,792 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% during the fourth quarter. Raymond James Financial Inc. now owns 1,742,174 shares of the company’s stock valued at $115,733,000 after purchasing an additional 365,572 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 70.8% during the first quarter. Cetera Investment Advisers now owns 1,584,346 shares of the company’s stock worth $101,256,000 after purchasing an additional 656,912 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock traded down $0.03 on Friday, hitting $69.69. The company had a trading volume of 157,415 shares, compared to its average volume of 341,983. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $63.24 and a 1 year high of $70.23. The stock has a 50 day moving average of $68.50 and a 200-day moving average of $67.26. The stock has a market capitalization of $4.71 billion, a price-to-earnings ratio of 25.99 and a beta of 0.56.

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. The fund aims for enhanced risk-adjusted return over a full market cycle with lower volatility than traditional equity strategies HELO was launched on Sep 28, 2023 and is issued by JPMorgan Chase.