JPMorgan Hedged Equity Laddered Overlay ETF $HELO Stock Purchased by Strategic Wealth Advisors LLC

Strategic Wealth Advisors LLC lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 70.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,746 shares of the company’s stock after purchasing an additional 9,791 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF comprises approximately 1.2% of Strategic Wealth Advisors LLC’s holdings, making the stock its 24th largest position. Strategic Wealth Advisors LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $1,643,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in HELO. Forvis Mazars Wealth Advisors LLC bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at approximately $251,123,000. Bank of America Corp DE boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 9.3% in the first quarter. Bank of America Corp DE now owns 2,420,158 shares of the company’s stock worth $154,672,000 after acquiring an additional 206,013 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 10.1% in the first quarter. Bank of New York Mellon Corp now owns 2,229,653 shares of the company’s stock worth $142,497,000 after acquiring an additional 203,792 shares in the last quarter. Cetera Investment Advisers boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 70.8% in the first quarter. Cetera Investment Advisers now owns 1,584,346 shares of the company’s stock worth $101,256,000 after acquiring an additional 656,912 shares in the last quarter. Finally, Peterson Wealth Advisors LLC grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 4.9% in the third quarter. Peterson Wealth Advisors LLC now owns 769,019 shares of the company’s stock worth $53,193,000 after acquiring an additional 36,083 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Down 0.2%

NYSEARCA HELO opened at $68.99 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 12 month low of $63.24 and a 12 month high of $70.23. The stock’s fifty day moving average price is $69.29 and its 200-day moving average price is $67.80. The stock has a market cap of $4.86 billion, a P/E ratio of 25.99 and a beta of 0.56.

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.