26,914 Shares in JPMorgan Hedged Equity Laddered Overlay ETF $HELO Purchased by Riverchase Wealth Management LLC

Riverchase Wealth Management LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the first quarter, Holdings Channel reports. The fund bought 26,914 shares of the company’s stock, valued at approximately $1,720,000. JPMorgan Hedged Equity Laddered Overlay ETF makes up approximately 0.9% of Riverchase Wealth Management LLC’s holdings, making the stock its 21st biggest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Marks Group Wealth Management Inc lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 2.9% in the fourth quarter. Marks Group Wealth Management Inc now owns 6,006 shares of the company’s stock worth $399,000 after buying an additional 167 shares in the last quarter. Cornerstone Wealth Management LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.0% in the fourth quarter. Cornerstone Wealth Management LLC now owns 4,209 shares of the company’s stock valued at $280,000 after acquiring an additional 200 shares during the period. N.E.W. Advisory Services LLC grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 12.2% during the fourth quarter. N.E.W. Advisory Services LLC now owns 1,963 shares of the company’s stock valued at $130,000 after acquiring an additional 213 shares in the last quarter. Clearstead Trust LLC grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 3.3% during the fourth quarter. Clearstead Trust LLC now owns 6,879 shares of the company’s stock valued at $457,000 after acquiring an additional 222 shares in the last quarter. Finally, Investment Advisory Group LLC increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 4.3% during the 4th quarter. Investment Advisory Group LLC now owns 6,023 shares of the company’s stock worth $400,000 after acquiring an additional 246 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

NYSEARCA HELO opened at $67.22 on Wednesday. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $62.16 and a 1 year high of $68.28. The stock has a market capitalization of $3.99 billion, a PE ratio of 25.99 and a beta of 0.57. The company’s 50 day simple moving average is $67.51 and its two-hundred day simple moving average is $66.62.

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.