Overlay Shares Large Cap Equity ETF Price & Performance (OVL)

JPMorgan Chase & Co. has dramatically reduced its stake in the Overlay Shares Large Cap Equity ETF (OVL), cutting its position by nearly 80% in the fourth quarter. Meanwhile, Fiduciary Alliance LLC increased its holdings in the fund, reflecting diverging institutional views amid ongoing market volatility.12

Nearly 30 new ETFs debuted this week, with major players like T. Rowe Price and Principal Asset Management introducing funds that blend income strategies and volatility hedges. New leveraged products from GraniteShares and Direxion cater to active traders, indicating issuers are rapidly adapting to evolving investor demands for both safety and opportunity.34

ETFs have seen robust inflows in April, with about $44 billion entering the space—$40 billion directed to equities. Large-cap funds like SPY, VOO, and QQQ led last week’s flows, underscoring investor preference for broad U.S. equity exposure despite ongoing market uncertainties and global trade concerns.56