JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Sets New 12-Month High – What’s Next?

Shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) reached a new 52-week high during trading on Wednesday . The stock traded as high as $67.77 and last traded at $67.77, with a volume of 20061 shares traded. The stock had previously closed at $67.55.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

The firm has a market capitalization of $4.03 billion, a price-to-earnings ratio of 25.99 and a beta of 0.59. The business’s 50 day moving average price is $65.79 and its 200-day moving average price is $66.07.

Hedge Funds Weigh In On JPMorgan Hedged Equity Laddered Overlay ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Pinnacle Bancorp Inc. acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 1st quarter valued at approximately $29,000. Your Advocates Ltd. LLP purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the first quarter worth $29,000. HHM Wealth Advisors LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the first quarter worth $31,000. Gilpin Wealth Management LLC acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at $34,000. Finally, High Note Wealth LLC acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at $41,000.

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.