Shore Point Advisors LLC Sells 2,237 Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Shore Point Advisors LLC trimmed its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 5.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 38,819 shares of the company’s stock after selling 2,237 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF comprises about 1.3% of Shore Point Advisors LLC’s investment portfolio, making the stock its 15th largest holding. Shore Point Advisors LLC owned approximately 0.36% of JPMorgan Hedged Equity Laddered Overlay ETF worth $2,373,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of HELO. Gradient Investments LLC raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 49.7% in the second quarter. Gradient Investments LLC now owns 1,172,555 shares of the company’s stock valued at $68,665,000 after buying an additional 389,405 shares in the last quarter. CGC Financial Services LLC lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 86.8% during the 2nd quarter. CGC Financial Services LLC now owns 1,029,959 shares of the company’s stock valued at $60,314,000 after acquiring an additional 478,565 shares during the period. Strategic Financial Concepts LLC lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 12,459.0% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,001,832 shares of the company’s stock valued at $587,000 after acquiring an additional 993,855 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 12,256.7% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 627,228 shares of the company’s stock worth $36,730,000 after purchasing an additional 622,152 shares in the last quarter. Finally, Peterson Wealth Advisors LLC increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 68.4% in the first quarter. Peterson Wealth Advisors LLC now owns 466,795 shares of the company’s stock worth $26,126,000 after purchasing an additional 189,530 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.4 %

HELO opened at $61.51 on Friday. The stock has a market capitalization of $666.15 million, a price-to-earnings ratio of 24.88 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $48.71 and a twelve month high of $61.78. The company has a 50-day simple moving average of $59.80 and a 200 day simple moving average of $58.11.

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.