Oppenheimer & Co. Inc. Sells 79,371 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Oppenheimer & Co. Inc. lowered its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 73.2% during the fourth quarter, Holdings Channel reports. The fund owned 29,070 shares of the company’s stock after selling 79,371 shares during the period. Oppenheimer & Co. Inc.’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $1,931,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Jane Street Group LLC boosted its stake 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 valued at $4,822,000 after purchasing an additional 9,713 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 46.7% in 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. boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 9.7% in 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 boosted its stake 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 worth $1,252,000 after acquiring an additional 4,654 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 24.9% during the second 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 period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of NYSEARCA HELO opened at $67.49 on Tuesday. The stock has a market cap of $4.01 billion, a P/E ratio of 25.99 and a beta of 0.59. The firm has a 50 day moving average price of $65.78 and a 200 day moving average price of $66.05. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $59.43 and a 52-week high of $67.77.

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.