Peterson Wealth Advisors LLC Boosts Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Peterson Wealth Advisors LLC lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 4.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 769,019 shares of the company’s stock after acquiring an additional 36,083 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF comprises approximately 6.2% of Peterson Wealth Advisors LLC’s holdings, making the stock its 3rd largest holding. Peterson Wealth Advisors LLC owned about 1.10% of JPMorgan Hedged Equity Laddered Overlay ETF worth $53,193,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of HELO. LPL Financial LLC raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 20.8% during the 4th quarter. LPL Financial LLC now owns 3,189,556 shares of the company’s stock worth $211,882,000 after purchasing an additional 549,559 shares during the period. Bank of America Corp DE grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 9.3% during the first quarter. Bank of America Corp DE now owns 2,420,158 shares of the company’s stock worth $154,672,000 after acquiring an additional 206,013 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 10.1% in the 1st quarter. Bank of New York Mellon Corp now owns 2,229,653 shares of the company’s stock worth $142,497,000 after acquiring an additional 203,792 shares during the period. Cetera Investment Advisers boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 70.8% during the 1st quarter. Cetera Investment Advisers now owns 1,584,346 shares of the company’s stock valued at $101,256,000 after purchasing an additional 656,912 shares during the period. Finally, Focus Partners Wealth increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.2% in the fourth quarter. Focus Partners Wealth now owns 771,724 shares of the company’s stock valued at $50,539,000 after purchasing an additional 38,092 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.3%

HELO stock traded down $0.20 during trading on Thursday, reaching $69.65. 184,254 shares of the company’s stock were exchanged, compared to its average volume of 337,015. The company’s fifty day moving average price is $69.43 and its 200-day moving average price is $67.87. The firm has a market cap of $4.88 billion, a PE ratio of 25.99 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $63.24 and a 1-year high of $70.23.

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.