N.E.W. Advisory Services LLC Reduces Stock Holdings in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

N.E.W. Advisory Services LLC decreased its position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 96.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,750 shares of the company’s stock after selling 41,648 shares during the quarter. N.E.W. Advisory Services LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $114,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. First Horizon Corp acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at $48,000. Oak Wealth Advisors LLC boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 7.3% in the 3rd quarter. Oak Wealth Advisors LLC now owns 106,925 shares of the company’s stock valued at $6,950,000 after buying an additional 7,311 shares during the last quarter. Shore Point Advisors LLC grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 11.0% during the third quarter. Shore Point Advisors LLC now owns 49,151 shares of the company’s stock valued at $3,195,000 after acquiring an additional 4,878 shares in the last quarter. Axis Wealth Partners LLC increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 13.1% during the third quarter. Axis Wealth Partners LLC now owns 8,458 shares of the company’s stock worth $550,000 after acquiring an additional 977 shares during the last quarter. Finally, CGC Financial Services LLC increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 1.4% during the third quarter. CGC Financial Services LLC now owns 1,085,995 shares of the company’s stock worth $70,590,000 after acquiring an additional 14,983 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO opened at $67.02 on Wednesday. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $56.11 and a one year high of $67.18. The stock has a 50-day moving average price of $66.12 and a 200 day moving average price of $64.88. The company has a market capitalization of $3.67 billion, a P/E ratio of 25.99 and a beta of 0.58.

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.