Renasant Bank Cuts Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Renasant Bank lowered its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 46.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 62,417 shares of the company’s stock after selling 54,807 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF accounts for 2.5% of Renasant Bank’s portfolio, making the stock its 4th biggest holding. Renasant Bank owned about 0.58% of JPMorgan Hedged Equity Laddered Overlay ETF worth $3,872,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Sanctuary Advisors LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at about $542,000. Stifel Financial Corp acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth approximately $934,000. JPMorgan Chase & Co. boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 35.4% during the 3rd 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 in the last quarter. Sincerus Advisory LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter valued at $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 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 in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Down 0.7 %

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $59.89 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $54.24 and a 52 week high of $63.81. The company’s 50-day moving average price is $62.44 and its two-hundred day moving average price is $61.94. The stock has a market cap of $2.71 billion, a PE ratio of 26.59 and a beta of 0.56.

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.