Financial Management Professionals Inc. Buys New Shares in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Financial Management Professionals Inc. bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the 1st quarter, Holdings Channel reports. The firm bought 8,302 shares of the company’s stock, valued at approximately $465,000.

Several other hedge funds and other institutional investors have also made changes to their positions in HELO. Global Retirement Partners LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at $33,000. Capital Advisors Ltd. LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at $51,000. John W. Brooker & Co. CPAs bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at $259,000. Brookstone Capital Management bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at $280,000. Finally, DeDora Capital Inc. bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at $299,000.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Down 0.0 %

NYSEARCA:HELO opened at $58.56 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $48.71 and a 1-year high of $58.91. The firm has a fifty day simple moving average of $57.02 and a 200 day simple moving average of $55.27. The stock has a market capitalization of $634.20 million, a PE ratio of 24.88 and a beta of 0.56.

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.