Flagship Harbor Advisors LLC Lowers Stake in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Flagship Harbor Advisors LLC reduced its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 12.3% during the third quarter, Holdings Channel reports. The fund owned 132,932 shares of the company’s stock after selling 18,661 shares during the period. Flagship Harbor Advisors LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $8,641,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in HELO. First Horizon Corp bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth $48,000. Avion Wealth purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the second quarter worth about $51,000. Assetmark Inc. increased its holdings in shares of 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 buying an additional 175 shares during the period. Root Financial Partners LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter valued at about $78,000. Finally, Harbor Asset Planning Inc. purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter valued at about $92,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

NYSEARCA:HELO opened at $66.74 on Thursday. The firm has a market cap of $3.77 billion, a PE ratio of 25.99 and a beta of 0.58. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $56.11 and a fifty-two week high of $67.35. The business has a 50 day moving average price of $66.58 and a 200-day moving average price of $65.30.

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.