Smallwood Wealth Investment Management LLC Purchases 12,367 Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Smallwood Wealth Investment Management LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 129.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 21,889 shares of the company’s stock after acquiring an additional 12,367 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF comprises approximately 0.9% of Smallwood Wealth Investment Management LLC’s investment portfolio, making the stock its 23rd biggest holding. Smallwood Wealth Investment Management LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $1,358,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of HELO. Capital Planning Advisors LLC raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 41.8% during the fourth quarter. Capital Planning Advisors LLC now owns 168,919 shares of the company’s stock valued at $10,480,000 after purchasing an additional 49,826 shares in the last quarter. Peterson Wealth Advisors LLC lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7.7% in the 4th quarter. Peterson Wealth Advisors LLC now owns 598,273 shares of the company’s stock valued at $37,332,000 after acquiring an additional 42,666 shares during the last quarter. Janney Montgomery Scott LLC grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 16.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 90,496 shares of the company’s stock worth $5,614,000 after acquiring an additional 12,740 shares in the last quarter. Evolution Wealth Advisors LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter worth about $1,655,000. Finally, Planned Solutions Inc. increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 26,839.9% during the fourth quarter. Planned Solutions Inc. now owns 96,445 shares of the company’s stock worth $5,983,000 after acquiring an additional 96,087 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

NYSEARCA:HELO opened at $63.50 on Friday. The firm has a market capitalization of $687.71 million, a price-to-earnings ratio of 24.88 and a beta of 0.56. The business has a 50 day simple moving average of $62.68 and a 200-day simple moving average of $61.02. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $53.60 and a 1 year high of $63.50.

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.