Avestar Capital LLC Takes Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Avestar Capital LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 16,110 shares of the company’s stock, valued at approximately $985,000.

Other large investors have also recently made changes to their positions in the company. Lowe Wealth Advisors LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter valued at about $27,000. Annapolis Financial Services LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the second quarter worth about $35,000. Stephens Consulting LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter valued at about $57,000. SouthState Corp purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter worth approximately $117,000. Finally, Centaurus Financial Inc. boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 49.7% in the second quarter. Centaurus Financial Inc. now owns 2,724 shares of the company’s stock worth $159,000 after purchasing an additional 904 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

HELO opened at $63.01 on Wednesday. The stock has a market cap of $682.40 million, a price-to-earnings ratio of 24.88 and a beta of 0.56. The firm’s fifty day moving average is $61.70 and its 200 day moving average is $59.63. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $52.00 and a fifty-two week high of $63.01.

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.