Taylor Securities Services Inc. Buys Shares of 748,609 JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Taylor Securities Services Inc. bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 748,609 shares of the company’s stock, valued at approximately $49,730,000. JPMorgan Hedged Equity Laddered Overlay ETF comprises approximately 22.7% of Taylor Securities Services Inc.’s investment portfolio, making the stock its 2nd biggest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. LPL Financial LLC lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 20.8% in 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 last quarter. Bank of America Corp DE grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 22.4% during the 3rd quarter. Bank of America Corp DE now owns 2,053,130 shares of the company’s stock worth $133,453,000 after buying an additional 375,879 shares during the last quarter. Raymond James Financial Inc. grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% during the 4th quarter. Raymond James Financial Inc. now owns 1,742,174 shares of the company’s stock worth $115,733,000 after buying an additional 365,572 shares during the last quarter. Ameriprise Financial Inc. acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth $21,635,000. Finally, Bank of New York Mellon Corp increased its position in JPMorgan Hedged Equity Laddered Overlay ETF by 16.0% in the fourth quarter. Bank of New York Mellon Corp now owns 2,025,861 shares of the company’s stock worth $134,578,000 after buying an additional 279,194 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

HELO stock opened at $67.92 on Friday. The stock’s fifty day moving average is $67.43 and its two-hundred day moving average is $66.60. The stock has a market capitalization of $4.04 billion, a price-to-earnings ratio of 25.99 and a beta of 0.57. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $61.77 and a 1 year high of $68.28.

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.