CENTRAL TRUST Co Sells 7,528 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

CENTRAL TRUST Co reduced its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 3.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 215,771 shares of the company’s stock after selling 7,528 shares during the quarter. CENTRAL TRUST Co’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $14,334,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 7.8% in the third quarter. Envestnet Asset Management Inc. now owns 2,766,966 shares of the company’s stock worth $179,853,000 after purchasing an additional 200,643 shares in the last quarter. Forvis Mazars Wealth Advisors LLC increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 10.6% in the third quarter. Forvis Mazars Wealth Advisors LLC now owns 2,393,885 shares of the company’s stock worth $155,603,000 after purchasing an additional 230,295 shares in the last quarter. Bank of America Corp DE increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 22.4% in the third quarter. Bank of America Corp DE now owns 2,053,130 shares of the company’s stock worth $133,453,000 after purchasing an additional 375,879 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 5.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,021,674 shares of the company’s stock worth $135,392,000 after purchasing an additional 99,012 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 16.6% in the third quarter. Bank of New York Mellon Corp now owns 1,746,667 shares of the company’s stock worth $113,533,000 after purchasing an additional 248,651 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO stock opened at $67.54 on Friday. The company has a market cap of $4.01 billion, a P/E ratio of 25.99 and a beta of 0.59. The stock has a 50 day simple moving average of $65.78 and a two-hundred day simple moving average of $66.05. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $59.43 and a fifty-two week high of $67.77.

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.