B. Riley Wealth Advisors Inc. Raises Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

B. Riley Wealth Advisors Inc. lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 47.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,035 shares of the company’s stock after purchasing an additional 1,942 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $368,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of HELO. Copley Financial Group Inc. bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at $233,000. Denver PWM LLC raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 4.3% in the third quarter. Denver PWM LLC now owns 28,406 shares of the company’s stock valued at $1,737,000 after acquiring an additional 1,169 shares in the last quarter. Sanctuary Advisors LLC bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter worth about $542,000. Pine Valley Investments Ltd Liability Co increased its position in JPMorgan Hedged Equity Laddered Overlay ETF by 26.7% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 103,121 shares of the company’s stock valued at $6,305,000 after purchasing an additional 21,727 shares during the period. Finally, Brown Financial Advisors raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 70.2% in the 3rd quarter. Brown Financial Advisors now owns 129,362 shares of the company’s stock valued at $7,909,000 after purchasing an additional 53,369 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

NYSEARCA HELO opened at $62.39 on Friday. The company has a market cap of $675.68 million, a PE ratio of 24.88 and a beta of 0.56. The firm’s 50 day moving average price is $62.47 and its 200-day moving average price is $60.34. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $52.52 and a 52-week high of $63.42.

JPMorgan Hedged Equity Laddered Overlay ETF Company 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.