WNY Asset Management LLC Takes Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

WNY Asset Management LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the first quarter, according to its most recent disclosure with the SEC. The firm bought 12,236 shares of the company’s stock, valued at approximately $782,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HELO. Pinnacle Bancorp Inc. purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the first quarter valued at $29,000. Your Advocates Ltd. LLP purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter worth about $29,000. HHM Wealth Advisors LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter worth about $31,000. Gilpin Wealth Management LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth about $34,000. Finally, High Note Wealth LLC acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth about $41,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $68.45 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $62.64 and a fifty-two week high of $68.54. The company has a market capitalization of $4.60 billion, a P/E ratio of 25.99 and a beta of 0.57. The stock has a 50-day simple moving average of $67.73 and a 200-day simple moving average of $66.87.

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.