WealthPlan Investment Management LLC Decreases Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

WealthPlan Investment Management LLC lessened its position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 8.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 211,500 shares of the company’s stock after selling 20,045 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF comprises 0.9% of WealthPlan Investment Management LLC’s holdings, making the stock its 29th largest position. WealthPlan Investment Management LLC owned 0.37% of JPMorgan Hedged Equity Laddered Overlay ETF worth $14,050,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in HELO. First Horizon Corp purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at approximately $48,000. Larson Financial Group LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at approximately $58,000. Root Financial Partners LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at approximately $78,000. Foster Dykema Cabot & Partners LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at approximately $104,000. Finally, LRI Investments LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at approximately $126,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

NYSEARCA HELO opened at $67.70 on Friday. The company has a market cap of $4.02 billion, a PE ratio of 25.99 and a beta of 0.59. The stock’s 50 day simple moving average is $65.96 and its 200-day simple moving average is $66.21. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $60.29 and a 1-year high of $67.92.

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.