Martin Worley Group Takes Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Martin Worley Group purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the fourth quarter, Holdings Channel reports. The firm purchased 19,185 shares of the company’s stock, valued at approximately $1,190,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of HELO. Milestone Investment Advisors LLC grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 26.0% during the fourth quarter. Milestone Investment Advisors LLC now owns 94,236 shares of the company’s stock worth $5,846,000 after buying an additional 19,429 shares in the last quarter. Tradewinds LLC. acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth approximately $718,000. Riggs Capital Management LLC bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at approximately $322,000. Vertex Planning Partners LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter valued at approximately $14,775,000. Finally, JPMorgan Chase & Co. raised its position in JPMorgan Hedged Equity Laddered Overlay ETF by 296.6% during the fourth quarter. JPMorgan Chase & Co. now owns 1,361,256 shares of the company’s stock valued at $84,452,000 after purchasing an additional 1,018,000 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO stock opened at $59.98 on Thursday. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $54.24 and a fifty-two week high of $63.81. The stock’s fifty day moving average price is $61.85 and its two-hundred day moving average price is $62.02. The company has a market cap of $2.73 billion, a PE ratio of 25.69 and a beta of 0.56.

JPMorgan Hedged Equity Laddered Overlay ETF Increases Dividend

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

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.