Perigon Wealth Management LLC Increases Stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Perigon Wealth Management LLC grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 127.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 46,246 shares of the company’s stock after buying an additional 25,884 shares during the quarter. Perigon Wealth Management LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $2,886,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in HELO. Susquehanna International Group LLP boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 334.8% in the 2nd quarter. Susquehanna International Group LLP now owns 65,472 shares of the company’s stock valued at $3,834,000 after buying an additional 50,413 shares during the period. B. Riley Wealth Advisors Inc. purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter valued at about $240,000. Truist Financial Corp purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter valued at about $343,000. Cetera Investment Advisers boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 86.5% in the 2nd quarter. Cetera Investment Advisers now owns 187,999 shares of the company’s stock valued at $11,009,000 after buying an additional 87,191 shares during the period. Finally, Brown Financial Advisors purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter valued at about $4,450,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO opened at $63.01 on Thursday. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $53.60 and a 1 year high of $63.50. The stock has a market capitalization of $682.40 million, a PE ratio of 24.88 and a beta of 0.56. The stock has a 50-day simple moving average of $62.75 and a 200-day simple moving average of $61.16.

JPMorgan Hedged Equity Laddered Overlay ETF 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.