Pinnacle Wealth Management Advisory Group LLC Grows Holdings in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Pinnacle Wealth Management Advisory Group LLC lifted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 53.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 89,917 shares of the company’s stock after buying an additional 31,144 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC owned approximately 0.16% of JPMorgan Hedged Equity Laddered Overlay ETF worth $5,973,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HELO. Jane Street Group LLC grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 13.7% in the 1st quarter. Jane Street Group LLC now owns 80,796 shares of the company’s stock worth $4,822,000 after buying an additional 9,713 shares during the period. NewEdge Advisors LLC grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 46.7% during the 2nd quarter. NewEdge Advisors LLC now owns 73,096 shares of the company’s stock valued at $4,574,000 after purchasing an additional 23,263 shares during the last quarter. Raymond James Financial Inc. grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 9.7% during the 2nd quarter. Raymond James Financial Inc. now owns 1,591,028 shares of the company’s stock valued at $99,566,000 after purchasing an additional 140,094 shares during the last quarter. NCM Capital Management LLC grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 30.3% during the 2nd quarter. NCM Capital Management LLC now owns 20,003 shares of the company’s stock valued at $1,252,000 after purchasing an additional 4,654 shares during the last quarter. Finally, Bank of America Corp DE grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 24.9% during the 2nd quarter. Bank of America Corp DE now owns 1,677,251 shares of the company’s stock valued at $104,962,000 after purchasing an additional 334,184 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO stock opened at $67.54 on Monday. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $59.43 and a one year high of $67.77. The company’s 50-day moving average is $65.78 and its 200 day moving average is $66.05. The company has a market capitalization of $4.01 billion, a price-to-earnings ratio of 25.99 and a beta of 0.59.

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.