JPMorgan Hedged Equity Laddered Overlay ETF $HELO Shares Sold by Investment Planning Advisors Inc.

Investment Planning Advisors Inc. reduced its position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 98.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,096 shares of the company’s stock after selling 199,346 shares during the period. Investment Planning Advisors Inc.’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $266,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Osaic Holdings Inc. boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 1.1% in the second quarter. Osaic Holdings Inc. now owns 3,008,402 shares of the company’s stock valued at $188,270,000 after purchasing an additional 31,657 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 14.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,566,323 shares of the company’s stock valued at $160,517,000 after purchasing an additional 324,692 shares in the last quarter. Forvis Mazars Wealth Advisors LLC boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 14.2% during the 2nd quarter. Forvis Mazars Wealth Advisors LLC now owns 2,163,590 shares of the company’s stock valued at $135,397,000 after buying an additional 268,943 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 1,777,086 shares of the company’s stock valued at $111,868,000 after buying an additional 373,033 shares during the last quarter. Finally, Bank of America Corp DE grew its position in shares of 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 worth $104,962,000 after buying an additional 334,184 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

HELO opened at $66.43 on Friday. The stock has a market capitalization of $3.62 billion, a PE ratio of 25.99 and a beta of 0.58. The firm’s fifty day moving average price is $65.93 and its 200 day moving average price is $64.58. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $56.11 and a 12-month high of $67.13.

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.