Brown Financial Advisors Takes Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Brown Financial Advisors acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 75,993 shares of the company’s stock, valued at approximately $4,450,000. JPMorgan Hedged Equity Laddered Overlay ETF accounts for 2.0% of Brown Financial Advisors’ holdings, making the stock its 7th biggest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Lowe Wealth Advisors LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter valued at approximately $27,000. Capital Advisors Ltd. LLC raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 57.5% in the first quarter. Capital Advisors Ltd. LLC now owns 1,507 shares of the company’s stock valued at $84,000 after purchasing an additional 550 shares during the last quarter. Annapolis Financial Services LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the second quarter worth $35,000. Sprinkle Financial Consultants LLC boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 10.7% during the second quarter. Sprinkle Financial Consultants LLC now owns 6,628 shares of the company’s stock worth $388,000 after purchasing an additional 640 shares during the last quarter. Finally, Breakwater Capital Group grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 10.8% in the second quarter. Breakwater Capital Group now owns 9,726 shares of the company’s stock valued at $570,000 after purchasing an additional 947 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of HELO opened at $60.78 on Wednesday. The company has a market cap of $658.25 million, a PE ratio of 24.88 and a beta of 0.56. The firm has a 50-day moving average of $59.38 and a 200-day moving average of $57.83. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $48.71 and a one year high of $61.18.

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.