JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Short Interest Up 21.1% in February

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 161,808 shares, an increase of 21.1% from the January 29th total of 133,564 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 339,627 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 339,627 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the company’s shares are sold short.

Hedge Funds Weigh In On JPMorgan Hedged Equity Laddered Overlay ETF

Several institutional investors and hedge funds have recently bought and sold shares of HELO. LPL Financial LLC lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 20.8% in the fourth quarter. LPL Financial LLC now owns 3,189,556 shares of the company’s stock valued at $211,882,000 after purchasing an additional 549,559 shares during the last quarter. Osaic Holdings Inc. raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 1.1% during the 2nd quarter. Osaic Holdings Inc. now owns 3,008,402 shares of the company’s stock valued at $188,270,000 after buying an additional 31,657 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 7.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,766,966 shares of the company’s stock valued at $179,853,000 after buying an additional 200,643 shares during the period. Forvis Mazars Wealth Advisors LLC grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 10.6% in the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 2,393,885 shares of the company’s stock worth $155,603,000 after acquiring an additional 230,295 shares during the last quarter. Finally, Bank of America Corp DE increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 22.4% in the third quarter. Bank of America Corp DE now owns 2,053,130 shares of the company’s stock valued at $133,453,000 after acquiring an additional 375,879 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.6%

NYSEARCA HELO opened at $66.26 on Wednesday. The company has a 50-day simple moving average of $66.80 and a two-hundred day simple moving average of $65.76. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $56.11 and a 12-month high of $67.60. The firm has a market cap of $3.74 billion, a price-to-earnings ratio of 25.99 and a beta of 0.58.

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.