JPMorgan Hedged Equity Laddered Overlay ETF $HELO is Legacy CG LLC’s 5th Largest Position

Legacy CG LLC trimmed its position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 3.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 250,903 shares of the company’s stock after selling 8,923 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF accounts for 4.6% of Legacy CG LLC’s portfolio, making the stock its 5th biggest position. Legacy CG LLC owned approximately 0.47% of JPMorgan Hedged Equity Laddered Overlay ETF worth $16,309,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. ORG Partners LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter valued at $30,000. Avion Wealth bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the second quarter worth about $51,000. Assetmark Inc. boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 24.4% during the second quarter. Assetmark Inc. now owns 893 shares of the company’s stock worth $56,000 after acquiring an additional 175 shares in the last quarter. Compass Financial Services Inc purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the first quarter worth about $64,000. Finally, Parallel Advisors LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 138.8% during the second quarter. Parallel Advisors LLC now owns 1,194 shares of the company’s stock valued at $75,000 after purchasing an additional 694 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

HELO stock opened at $66.80 on Thursday. The firm has a 50 day moving average price of $66.00 and a 200-day moving average price of $64.73. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $56.11 and a 52-week high of $67.13. The firm has a market capitalization of $3.63 billion, a price-to-earnings ratio of 25.99 and a beta of 0.58.

About JPMorgan Hedged Equity Laddered Overlay ETF

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.