IFG Advisory LLC Trims Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

IFG Advisory LLC cut its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 83.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,688 shares of the company’s stock after selling 23,048 shares during the quarter. IFG Advisory LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $305,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. First Horizon Corp acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter worth approximately $48,000. Assetmark Inc. raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 24.4% in the second quarter. Assetmark Inc. now owns 893 shares of the company’s stock worth $56,000 after acquiring an additional 175 shares during the last quarter. Root Financial Partners LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at $78,000. Bank of Montreal Can boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7,854.2% during the second quarter. Bank of Montreal Can now owns 1,909 shares of the company’s stock valued at $119,000 after acquiring an additional 1,885 shares during the last quarter. Finally, Clearstead Trust LLC acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the second quarter valued at $132,000.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Down 0.8%

JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $65.89 on Monday. The stock has a 50-day moving average price of $66.76 and a 200 day moving average price of $65.81. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $56.11 and a 52 week high of $67.60. The stock has a market cap of $3.72 billion, a PE ratio of 25.99 and a beta of 0.58.

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.