InterOcean Capital Group LLC Takes $1.39 Million Position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

InterOcean Capital Group LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 26,364 shares of the company’s stock, valued at approximately $1,394,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Global Retirement Partners LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at about $33,000. Capital Advisors Ltd. LLC bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at about $51,000. John W. Brooker & Co. CPAs bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth approximately $259,000. Brookstone Capital Management bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth $280,000. Finally, DeDora Capital Inc. acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter worth about $299,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of NYSEARCA HELO traded up $0.14 during midday trading on Thursday, reaching $57.32. The company’s stock had a trading volume of 19,818 shares, compared to its average volume of 139,645. The company has a market cap of $620.78 million, a P/E ratio of 24.88 and a beta of 0.56. The business’s 50 day moving average price is $55.78 and its two-hundred day moving average price is $54.16. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $48.71 and a fifty-two week high of $57.56.

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.