Ausdal Financial Partners Inc. Invests $1.90 Million in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Ausdal Financial Partners Inc. purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 30,578 shares of the company’s stock, valued at approximately $1,897,000. Ausdal Financial Partners Inc. owned about 0.28% of JPMorgan Hedged Equity Laddered Overlay ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at about $542,000. Stifel Financial Corp purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at approximately $934,000. JPMorgan Chase & Co. grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 35.4% during the third quarter. JPMorgan Chase & Co. now owns 343,256 shares of the company’s stock valued at $20,987,000 after purchasing an additional 89,742 shares during the period. Sincerus Advisory LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter worth $1,804,000. Finally, Private Advisor Group LLC raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 67.5% in the fourth quarter. Private Advisor Group LLC now owns 202,460 shares of the company’s stock valued at $12,561,000 after buying an additional 81,566 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA HELO opened at $60.44 on Thursday. The stock has a market capitalization of $2.75 billion, a PE ratio of 25.69 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $54.24 and a one year high of $63.81. The business’s fifty day moving average price is $62.15 and its 200-day moving average price is $62.01.

JPMorgan Hedged Equity Laddered Overlay ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th will be given a dividend of $0.088 per share. The ex-dividend date of this dividend is Tuesday, March 25th. This is a positive change from JPMorgan Hedged Equity Laddered Overlay ETF’s previous dividend of $0.08.

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.