Paladin Advisory Group LLC Has $3.61 Million Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Paladin Advisory Group LLC lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 45.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 55,542 shares of the company’s stock after purchasing an additional 17,476 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF comprises about 2.8% of Paladin Advisory Group LLC’s investment portfolio, making the stock its 10th largest position. Paladin Advisory Group LLC owned 0.10% of JPMorgan Hedged Equity Laddered Overlay ETF worth $3,610,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in HELO. Prime Capital Investment Advisors LLC grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 134.5% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 31,522 shares of the company’s stock worth $2,049,000 after acquiring an additional 18,080 shares in the last quarter. Capital Investment Advisory Services LLC boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 448.5% in the third quarter. Capital Investment Advisory Services LLC now owns 21,336 shares of the company’s stock valued at $1,387,000 after purchasing an additional 17,446 shares during the period. MONECO Advisors LLC grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 5.0% in the third quarter. MONECO Advisors LLC now owns 107,769 shares of the company’s stock worth $7,005,000 after purchasing an additional 5,094 shares in the last quarter. J.W. Cole Advisors Inc. increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 44.4% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 12,342 shares of the company’s stock worth $802,000 after purchasing an additional 3,797 shares during the period. Finally, Bank of Marin raised its position in JPMorgan Hedged Equity Laddered Overlay ETF by 12.2% during the 3rd quarter. Bank of Marin now owns 7,632 shares of the company’s stock valued at $496,000 after purchasing an additional 828 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 1.3%

HELO opened at $67.16 on Friday. The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of 25.99 and a beta of 0.58. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $56.11 and a 12-month high of $67.35. The business’s fifty day simple moving average is $66.61 and its 200-day simple moving average is $65.33.

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.