Stephens Inc. AR Sells 10,100 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Stephens Inc. AR lessened its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 54.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,533 shares of the company’s stock after selling 10,100 shares during the quarter. Stephens Inc. AR’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $545,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in HELO. LPL Financial LLC increased its stake in 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 valued at $211,882,000 after buying an additional 549,559 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of 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. Bank of New York Mellon Corp boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 16.0% during the 4th 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 last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,021,674 shares of the company’s stock valued at $135,392,000 after acquiring an additional 99,012 shares in the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% in the 4th quarter. Raymond James Financial Inc. now owns 1,742,174 shares of the company’s stock valued at $115,733,000 after acquiring an additional 365,572 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.4%

Shares of NYSEARCA:HELO traded up $0.27 during midday trading on Friday, reaching $68.33. The company had a trading volume of 157,555 shares, compared to its average volume of 316,340. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $62.64 and a 1-year high of $68.35. The stock has a market cap of $3.99 billion, a PE ratio of 25.99 and a beta of 0.57. The business’s 50 day moving average price is $67.68 and its 200 day moving average price is $66.75.

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.