SouthState Bank Corp Lowers Holdings in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

SouthState Bank Corp lowered its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 6.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 146,176 shares of the company’s stock after selling 9,254 shares during the period. SouthState Bank Corp’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $9,710,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of HELO. Bank of America Corp DE lifted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 22.4% during the third quarter. Bank of America Corp DE now owns 2,053,130 shares of the company’s stock worth $133,453,000 after buying an additional 375,879 shares during the period. Ameriprise Financial Inc. purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth $21,635,000. Bank of New York Mellon Corp lifted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 16.0% during the fourth quarter. Bank of New York Mellon Corp now owns 2,025,861 shares of the company’s stock worth $134,578,000 after buying an additional 279,194 shares during the period. Leo Wealth LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth $17,065,000. Finally, UBS Group AG lifted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 30.7% during the fourth quarter. UBS Group AG now owns 896,778 shares of the company’s stock worth $59,573,000 after buying an additional 210,517 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.8%

JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $67.32 on Friday. The business has a fifty day moving average of $66.73 and a two-hundred day moving average of $66.45. The firm has a market cap of $4.00 billion, a P/E ratio of 25.99 and a beta of 0.57. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $61.71 and a twelve month high of $68.22.

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.