USAdvisors Wealth Management LLC Acquires New Holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

USAdvisors Wealth Management LLC bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 99,849 shares of the company’s stock, valued at approximately $6,194,000. JPMorgan Hedged Equity Laddered Overlay ETF accounts for 2.0% of USAdvisors Wealth Management LLC’s investment portfolio, making the stock its 12th largest holding. USAdvisors Wealth Management LLC owned about 0.92% of JPMorgan Hedged Equity Laddered Overlay ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Lowe Wealth Advisors LLC increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 81.9% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 826 shares of the company’s stock valued at $51,000 after buying an additional 372 shares in the last quarter. Centaurus Financial Inc. grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 49.7% in the second quarter. Centaurus Financial Inc. now owns 2,724 shares of the company’s stock valued at $159,000 after acquiring an additional 904 shares during the period. Claro Advisors LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter worth about $205,000. NBC Securities Inc. acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth about $223,000. Finally, Monterey Private Wealth Inc. bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter valued at about $227,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO opened at $63.01 on Thursday. The firm has a market capitalization of $682.40 million, a PE ratio of 24.88 and a beta of 0.56. The stock has a 50 day simple moving average of $62.75 and a 200 day simple moving average of $61.16. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $53.60 and a 52-week high of $63.50.

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.