Smallwood Wealth Investment Management LLC Purchases 17,605 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Smallwood Wealth Investment Management LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 19.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 106,768 shares of the company’s stock after buying an additional 17,605 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF accounts for about 3.2% of Smallwood Wealth Investment Management LLC’s portfolio, making the stock its 6th largest holding. Smallwood Wealth Investment Management LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $7,215,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Taylor Securities Services Inc. acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter worth approximately $49,730,000. Cetera Investment Advisers increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 70.8% during the first quarter. Cetera Investment Advisers now owns 1,584,346 shares of the company’s stock worth $101,256,000 after purchasing an additional 656,912 shares in the last quarter. LPL Financial LLC raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 20.8% in the 4th quarter. LPL Financial LLC now owns 3,189,556 shares of the company’s stock valued at $211,882,000 after purchasing an additional 549,559 shares during the last quarter. Bank of America Corp DE raised its stake in 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. Finally, Raymond James Financial Inc. lifted its holdings 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 purchasing an additional 365,572 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.4%

Shares of HELO opened at $69.47 on Thursday. The firm’s fifty day moving average is $68.63 and its two-hundred day moving average is $67.31. The stock has a market cap of $4.69 billion, a PE ratio of 25.99 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $63.24 and a 52-week high of $70.23.

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.