McLaughlin Asset Management Inc. Invests $1.66 Million in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

McLaughlin Asset Management Inc. acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 24,945 shares of the company’s stock, valued at approximately $1,657,000. JPMorgan Hedged Equity Laddered Overlay ETF makes up approximately 1.5% of McLaughlin Asset Management Inc.’s holdings, making the stock its 18th biggest position.

Other large investors have also recently made changes to their positions in the company. LPL Financial LLC lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 20.8% in the fourth quarter. LPL Financial LLC now owns 3,189,556 shares of the company’s stock worth $211,882,000 after acquiring an additional 549,559 shares during the last quarter. Bank of America Corp DE increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 22.4% in the 3rd quarter. Bank of America Corp DE now owns 2,053,130 shares of the company’s stock valued at $133,453,000 after purchasing an additional 375,879 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 16.0% in the 4th quarter. Bank of New York Mellon Corp now owns 2,025,861 shares of the company’s stock valued at $134,578,000 after purchasing an additional 279,194 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,021,674 shares of the company’s stock valued at $135,392,000 after purchasing an additional 99,012 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% during the 4th quarter. Raymond James Financial Inc. now owns 1,742,174 shares of the company’s stock worth $115,733,000 after purchasing an additional 365,572 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

NYSEARCA:HELO opened at $67.92 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 12 month low of $61.77 and a 12 month high of $68.28. The firm has a market capitalization of $4.04 billion, a PE ratio of 25.99 and a beta of 0.57. The business’s fifty day moving average price is $67.37 and its 200 day moving average price is $66.59.

JPMorgan Hedged Equity Laddered Overlay ETF 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.