Royal Bank of Canada Acquires 19,064 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Royal Bank of Canada grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 3.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 511,303 shares of the company’s stock after purchasing an additional 19,064 shares during the quarter. Royal Bank of Canada owned about 0.86% of JPMorgan Hedged Equity Laddered Overlay ETF worth $32,677,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in HELO. Leo Wealth LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at $17,065,000. Pinnacle Wealth Management Advisory Group LLC lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 53.0% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 89,917 shares of the company’s stock valued at $5,973,000 after acquiring an additional 31,144 shares during the period. Riverchase Wealth Management LLC bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter worth $1,720,000. Capital Investment Advisory Services LLC grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 107.9% in the fourth quarter. Capital Investment Advisory Services LLC now owns 44,368 shares of the company’s stock worth $2,947,000 after purchasing an additional 23,032 shares during the period. Finally, Family Capital Management Inc. grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 130.1% in the fourth quarter. Family Capital Management Inc. now owns 37,126 shares of the company’s stock worth $2,466,000 after purchasing an additional 20,992 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 0.8%

HELO opened at $69.02 on Tuesday. The company has a fifty day moving average price of $67.76 and a two-hundred day moving average price of $66.88. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $62.92 and a 1-year high of $69.09. The company has a market cap of $4.66 billion, a P/E ratio of 25.99 and a beta of 0.57.

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.