MAI Capital Management Grows Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

MAI Capital Management grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 15.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,736 shares of the company’s stock after buying an additional 6,863 shares during the period. MAI Capital Management owned 0.10% of JPMorgan Hedged Equity Laddered Overlay ETF worth $3,175,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in HELO. Assetmark Inc. raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 24.4% in the 2nd quarter. Assetmark Inc. now owns 893 shares of the company’s stock valued at $56,000 after acquiring an additional 175 shares during the period. Nvwm LLC raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 1.4% in the second quarter. Nvwm LLC now owns 13,839 shares of the company’s stock valued at $866,000 after purchasing an additional 185 shares during the period. WESPAC Advisors LLC lifted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 3.6% during the 2nd quarter. WESPAC Advisors LLC now owns 5,745 shares of the company’s stock valued at $360,000 after buying an additional 201 shares in the last quarter. Consolidated Portfolio Review Corp boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 3.5% in the 2nd quarter. Consolidated Portfolio Review Corp now owns 6,118 shares of the company’s stock worth $383,000 after buying an additional 205 shares during the period. Finally, BCGM Wealth Management LLC grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 4.6% in the 1st quarter. BCGM Wealth Management LLC now owns 6,093 shares of the company’s stock valued at $364,000 after buying an additional 267 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of HELO stock opened at $64.79 on Friday. The stock has a market capitalization of $3.53 billion, a price-to-earnings ratio of 25.99 and a beta of 0.58. The company’s fifty day simple moving average is $65.15 and its two-hundred day simple moving average is $63.57. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $56.11 and a 1 year high of $66.03.

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.