JPMorgan Hedged Equity Laddered Overlay ETF $HELO Shares Purchased by Selby Wealth Management LLC

Selby Wealth Management LLC lifted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 78.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 74,595 shares of the company’s stock after acquiring an additional 32,815 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF accounts for 1.9% of Selby Wealth Management LLC’s portfolio, making the stock its 17th largest position. Selby Wealth Management LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $5,160,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Forvis Mazars Wealth Advisors LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at approximately $251,123,000. Bank of America Corp DE raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 9.3% during the first quarter. Bank of America Corp DE now owns 2,420,158 shares of the company’s stock worth $154,672,000 after purchasing an additional 206,013 shares during the period. Bank of New York Mellon Corp raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 10.1% during the first quarter. Bank of New York Mellon Corp now owns 2,229,653 shares of the company’s stock worth $142,497,000 after purchasing an additional 203,792 shares during the period. Cetera Investment Advisers boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 70.8% in the 1st quarter. Cetera Investment Advisers now owns 1,584,346 shares of the company’s stock valued at $101,256,000 after purchasing an additional 656,912 shares during the last quarter. Finally, Peterson Wealth Advisors LLC boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 4.9% in the 3rd quarter. Peterson Wealth Advisors LLC now owns 769,019 shares of the company’s stock valued at $53,193,000 after purchasing an additional 36,083 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.7%

Shares of NYSEARCA HELO traded down $0.46 during trading on Friday, hitting $69.21. 166,951 shares of the company traded hands, compared to its average volume of 335,589. The company has a 50-day moving average price of $69.50 and a 200-day moving average price of $68.11. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $63.24 and a 1 year high of $70.23. The firm has a market capitalization of $4.86 billion, a P/E ratio of 25.99 and a beta of 0.56.

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.