JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Sets New 1-Year High – Still a Buy?

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELOGet Free Report)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $68.00 and last traded at $67.92, with a volume of 7386 shares traded. The stock had previously closed at $67.88.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

The company has a market capitalization of $4.04 billion, a PE ratio of 25.99 and a beta of 0.59. The business’s 50 day simple moving average is $66.23 and its 200 day simple moving average is $66.32.

Institutional Trading of JPMorgan Hedged Equity Laddered Overlay ETF

Institutional investors have recently made changes to their positions in the company. Your Advocates Ltd. LLP purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the first quarter worth approximately $29,000. Pinnacle Bancorp Inc. purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the first quarter valued at $29,000. HHM Wealth Advisors LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the first quarter valued at $31,000. Gilpin Wealth Management LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at $34,000. Finally, High Note Wealth LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at $41,000.

About JPMorgan Hedged Equity Laddered Overlay ETF

(Get Free Report)

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.

Further Reading

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