JPMorgan Hedged Equity Laddered Overlay ETF $HELO Shares Bought by USAdvisors Wealth Management LLC

USAdvisors Wealth Management LLC boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 7.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 122,850 shares of the company’s stock after purchasing an additional 8,525 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF makes up 2.6% of USAdvisors Wealth Management LLC’s holdings, making the stock its 7th largest position. USAdvisors Wealth Management LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $7,780,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. LPL Financial LLC increased its position in shares of 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 valued at $211,882,000 after buying an additional 549,559 shares in the last quarter. Bank of America Corp DE raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 22.4% during the 3rd 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. Bank of New York Mellon Corp lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 16.0% during 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 buying an additional 279,194 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.1% during 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 buying an additional 99,012 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% in the 4th quarter. Raymond James Financial Inc. now owns 1,742,174 shares of the company’s stock valued at $115,733,000 after acquiring an additional 365,572 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $67.59 on Friday. The stock has a market capitalization of $3.91 billion, a P/E ratio of 25.99 and a beta of 0.57. The company’s fifty day moving average price is $67.60 and its 200 day moving average price is $66.67. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $62.64 and a 1 year high of $68.28.

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.