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

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 139,239 shares, a decrease of 94.8% from the July 15th total of 2,663,120 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 746,142 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On JPMorgan Hedged Equity Laddered Overlay ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Jane Street Group LLC grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 13.7% during the first quarter. Jane Street Group LLC now owns 80,796 shares of the company’s stock valued at $4,822,000 after buying an additional 9,713 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 46.7% during the second quarter. NewEdge Advisors LLC now owns 73,096 shares of the company’s stock valued at $4,574,000 after buying an additional 23,263 shares during the period. Raymond James Financial Inc. grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 9.7% during the 2nd quarter. Raymond James Financial Inc. now owns 1,591,028 shares of the company’s stock worth $99,566,000 after acquiring an additional 140,094 shares during the period. NCM Capital Management LLC raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 30.3% in the second quarter. NCM Capital Management LLC now owns 20,003 shares of the company’s stock worth $1,252,000 after purchasing an additional 4,654 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 24.9% in the 2nd quarter. Bank of America Corp DE now owns 1,677,251 shares of the company’s stock worth $104,962,000 after acquiring an additional 334,184 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 0.4%

Shares of NYSEARCA:HELO traded up $0.28 during trading on Thursday, reaching $70.12. The company had a trading volume of 304,813 shares, compared to its average volume of 343,230. The stock has a market capitalization of $4.74 billion, a P/E ratio of 25.99 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 12 month low of $63.24 and a 12 month high of $70.18. The company has a fifty day moving average of $68.00 and a two-hundred day moving average of $67.04.

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.