JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Short Interest Down 26.3% in March

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) was the recipient of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 138,427 shares, a drop of 26.3% from the February 26th total of 187,847 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 305,935 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On JPMorgan Hedged Equity Laddered Overlay ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 13.7% in the first quarter. Jane Street Group LLC now owns 80,796 shares of the company’s stock valued at $4,822,000 after buying an additional 9,713 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 425,936 shares of the company’s stock worth $26,655,000 after acquiring an additional 20,827 shares during the last quarter. Global Retirement Partners LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter worth approximately $482,000. Steward Partners Investment Advisory LLC raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 192.6% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 9,312 shares of the company’s stock valued at $583,000 after acquiring an additional 6,129 shares during the period. Finally, J.W. Cole Advisors Inc. raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 17.7% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 8,545 shares of the company’s stock valued at $535,000 after acquiring an additional 1,287 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Down 0.1%

Shares of HELO traded down $0.06 during midday trading on Monday, reaching $63.33. The stock had a trading volume of 315,440 shares, compared to its average volume of 319,589. The firm has a market cap of $3.57 billion, a PE ratio of 25.99 and a beta of 0.58. The firm has a 50 day simple moving average of $66.14 and a 200-day simple moving average of $65.88. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $56.11 and a one year high of $67.60.

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.