Concurrent Investment Advisors LLC Raises Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Concurrent Investment Advisors LLC lifted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 30.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 30,375 shares of the company’s stock after acquiring an additional 7,133 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $1,884,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Private Advisor Group LLC lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 67.5% during the 4th quarter. Private Advisor Group LLC now owns 202,460 shares of the company’s stock worth $12,561,000 after buying an additional 81,566 shares during the last quarter. Global Retirement Partners LLC raised its position in JPMorgan Hedged Equity Laddered Overlay ETF by 145.8% in the 4th quarter. Global Retirement Partners LLC now owns 7,121 shares of the company’s stock valued at $442,000 after purchasing an additional 4,224 shares during the last quarter. Semus Wealth Partners LLC raised its position in JPMorgan Hedged Equity Laddered Overlay ETF by 59.3% in the 4th quarter. Semus Wealth Partners LLC now owns 15,070 shares of the company’s stock valued at $935,000 after purchasing an additional 5,610 shares during the last quarter. 3EDGE Asset Management LP purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at $3,352,000. Finally, Plan Group Financial LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at $832,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

HELO stock opened at $62.85 on Friday. The company has a fifty day moving average price of $62.77 and a 200 day moving average price of $61.64. JPMorgan Hedged Equity Laddered Overlay ETF has a 12 month low of $54.24 and a 12 month high of $63.81. The company has a market cap of $680.67 million, a price-to-earnings ratio of 24.88 and a beta of 0.56.

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.