JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Stock Short Interest Report for October

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 258,564 shares, a growth of 99.6% from the September 30th total of 129,557 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average trading volume of 289,689 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Investors Weigh In On JPMorgan Hedged Equity Laddered Overlay ETF

Large investors have recently bought and sold shares of the stock. Cordgrass Capital Advisors LLC increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 0.5% during the 3rd quarter. Cordgrass Capital Advisors LLC now owns 52,698 shares of the company’s stock valued at $3,645,000 after purchasing an additional 243 shares in the last quarter. MFG Investments LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter worth approximately $1,568,000. Hughes Financial Services LLC raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7.3% in the third quarter. Hughes Financial Services LLC now owns 109,056 shares of the company’s stock valued at $7,603,000 after buying an additional 7,441 shares during the period. Integrity Alliance LLC. bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter valued at about $6,754,000. Finally, Signature Equity Partners LLC boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 11.2% in the 3rd quarter. Signature Equity Partners LLC now owns 1,953 shares of the company’s stock worth $135,000 after buying an additional 196 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO traded up $0.41 during mid-day trading on Monday, reaching $69.27. The company had a trading volume of 27,464 shares, compared to its average volume of 331,067. The company has a market capitalization of $4.88 billion, a price-to-earnings ratio of 25.99 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $63.24 and a 1-year high of $70.23. The company’s 50 day simple moving average is $69.43 and its 200 day simple moving average is $67.71.

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. The fund aims for enhanced risk-adjusted return over a full market cycle with lower volatility than traditional equity strategies HELO was launched on Sep 28, 2023 and is issued by JPMorgan Chase.