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Ameritas cut holdings in HELO ETF by over a third, while Stonebridge Financial made its first purchase.
Ameritas Advisory Services LLC decreased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (HELO) by 35.6%, selling 37,642 shares and holding 68,045 shares worth $4,195,000.
Meanwhile, Stonebridge Financial Group LLC bought into the ETF for the first time, purchasing 2,317 shares valued at $138,000.
The ETF aims to protect against market downturns while investing in large-cap US equities.
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Ameritas recortó sus participaciones en HELO ETF en más de un tercio, mientras que Stonebridge Financial hizo su primera compra.