Park Place Capital Corp Sells 48,335 Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)

Park Place Capital Corp trimmed its position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 52.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 43,949 shares of the company’s stock after selling 48,335 shares during the period. Park Place Capital Corp owned 0.41% of JPMorgan Hedged Equity Laddered Overlay ETF worth $2,727,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the business. Lowe Wealth Advisors LLC raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 81.9% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 826 shares of the company’s stock worth $51,000 after acquiring an additional 372 shares in the last quarter. Centaurus Financial Inc. boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 49.7% during 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. Claro Advisors LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter valued at $205,000. NBC Securities Inc. bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at about $223,000. Finally, Monterey Private Wealth Inc. purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter worth about $227,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO stock opened at $63.18 on Wednesday. The stock has a 50 day moving average price of $62.67 and a two-hundred day moving average price of $61.01. The company has a market capitalization of $684.23 million, a P/E ratio of 24.88 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $53.53 and a fifty-two week high of $63.50.

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.