Gradient Investments LLC Sells 567,776 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Gradient Investments LLC reduced its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 70.8% in the fourth quarter, Holdings Channel reports. The fund owned 233,843 shares of the company’s stock after selling 567,776 shares during the quarter. Gradient Investments LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $15,534,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Jane Street Group LLC increased its position in JPMorgan Hedged Equity Laddered Overlay ETF by 13.7% in the first quarter. Jane Street Group LLC now owns 80,796 shares of the company’s stock worth $4,822,000 after purchasing an additional 9,713 shares during the last quarter. JPMorgan Chase & Co. raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 5.1% during the second quarter. JPMorgan Chase & Co. now owns 425,936 shares of the company’s stock valued at $26,655,000 after purchasing an additional 20,827 shares in the last quarter. MAI Capital Management lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 15.6% during the second quarter. MAI Capital Management now owns 50,736 shares of the company’s stock valued at $3,175,000 after purchasing an additional 6,863 shares during the last quarter. AlphaCore Capital LLC grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 8,361.7% in the 2nd quarter. AlphaCore Capital LLC now owns 5,077 shares of the company’s stock worth $318,000 after buying an additional 5,017 shares in the last quarter. Finally, Cozad Asset Management Inc. grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 16.2% in the 2nd quarter. Cozad Asset Management Inc. now owns 14,156 shares of the company’s stock worth $886,000 after buying an additional 1,970 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.7%

JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $64.28 on Monday. The company’s 50-day moving average price is $66.48 and its 200-day moving average price is $65.90. The company has a market cap of $3.63 billion, a PE ratio of 25.99 and a beta of 0.58. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $56.11 and a twelve month high of $67.60.

JPMorgan Hedged Equity Laddered Overlay ETF 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.