Purkiss Capital Advisors LLC Makes New Investment in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Purkiss Capital Advisors LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 22,202 shares of the company’s stock, valued at approximately $1,377,000. JPMorgan Hedged Equity Laddered Overlay ETF makes up 1.2% of Purkiss Capital Advisors LLC’s holdings, making the stock its 18th largest position. Purkiss Capital Advisors LLC owned 0.21% of JPMorgan Hedged Equity Laddered Overlay ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sanctuary Advisors LLC bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at approximately $542,000. Stifel Financial Corp purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth $934,000. JPMorgan Chase & Co. increased its holdings in shares of 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 acquiring an additional 89,742 shares in the last quarter. Sincerus Advisory LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter worth about $1,804,000. Finally, Private Advisor Group LLC boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 67.5% in the 4th quarter. Private Advisor Group LLC now owns 202,460 shares of the company’s stock worth $12,561,000 after purchasing an additional 81,566 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO stock opened at $62.45 on Friday. The company has a market capitalization of $676.33 million, a price-to-earnings ratio of 24.88 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 company’s 50-day moving average is $62.73 and its 200 day moving average is $61.87.

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.