JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Short Interest Update

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) saw a large decrease in short interest in July. As of July 31st, there was short interest totaling 139,239 shares, a decrease of 94.8% from the July 15th total of 2,663,120 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 746,142 shares, the days-to-cover ratio is currently 0.2 days.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.1%

HELO stock traded down $0.09 during midday trading on Tuesday, hitting $69.72. The company’s stock had a trading volume of 178,806 shares, compared to its average volume of 344,317. The firm has a 50-day simple moving average of $67.97 and a 200-day simple moving average of $67.01. The firm has a market capitalization of $4.71 billion, a P/E ratio of 25.99 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $63.24 and a 52-week high of $69.93.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of HELO. Pinnacle Bancorp Inc. purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 1st quarter worth about $29,000. Your Advocates Ltd. LLP purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 1st quarter valued at about $29,000. HHM Wealth Advisors LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 1st quarter valued at about $31,000. Gilpin Wealth Management LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth about $34,000. Finally, High Note Wealth LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth about $41,000.

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. 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.