SK Wealth Management LLC Has $11.61 Million Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

SK Wealth Management LLC cut its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 25.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 178,505 shares of the company’s stock after selling 61,138 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF accounts for about 4.3% of SK Wealth Management LLC’s portfolio, making the stock its 7th biggest position. SK Wealth Management LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $11,610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. ORG Partners LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the second quarter worth $30,000. Avion Wealth purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter worth about $51,000. Assetmark Inc. lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 24.4% in the second quarter. Assetmark Inc. now owns 893 shares of the company’s stock worth $56,000 after purchasing an additional 175 shares during the last quarter. Compass Financial Services Inc purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter valued at approximately $64,000. Finally, Parallel Advisors LLC grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 138.8% during the second quarter. Parallel Advisors LLC now owns 1,194 shares of the company’s stock valued at $75,000 after buying an additional 694 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of NYSEARCA HELO opened at $66.29 on Friday. The business’s 50 day moving average price is $65.61 and its 200-day moving average price is $64.29. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $56.11 and a fifty-two week high of $66.73. The company has a market cap of $3.61 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.