Strategic Financial Concepts LLC Acquires New Holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Strategic Financial Concepts LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,977 shares of the company’s stock, valued at approximately $446,000.

Other hedge funds have also recently bought and sold shares of the company. Global Retirement Partners LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth $33,000. Capital Advisors Ltd. LLC acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at about $51,000. CAP Partners LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the first quarter valued at about $239,000. John W. Brooker & Co. CPAs acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth about $259,000. Finally, Brookstone Capital Management acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth about $280,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

JPMorgan Hedged Equity Laddered Overlay ETF stock traded down $0.53 during midday trading on Tuesday, reaching $55.01. The stock had a trading volume of 93,176 shares, compared to its average volume of 123,254. The stock has a market capitalization of $485.74 million, a P/E ratio of 25.39 and a beta of 0.51. The firm’s fifty day simple moving average is $55.35 and its 200-day simple moving average is $53.43. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $48.71 and a 1-year high of $56.08.

JPMorgan Hedged Equity Laddered Overlay ETF Company 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.