Bank of New York Mellon Corp Acquires 248,651 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Bank of New York Mellon Corp boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 16.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,746,667 shares of the company’s stock after buying an additional 248,651 shares during the period. Bank of New York Mellon Corp’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $113,533,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of the stock. Smallwood Wealth Investment Management LLC boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 40.2% during the third quarter. Smallwood Wealth Investment Management LLC now owns 74,265 shares of the company’s stock worth $4,827,000 after buying an additional 21,305 shares during the period. Bank of Montreal Can grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 7,854.2% in the 2nd quarter. Bank of Montreal Can now owns 1,909 shares of the company’s stock valued at $119,000 after buying an additional 1,885 shares during the period. Grant Private Wealth Management Inc acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth about $2,394,000. Lionsbridge Wealth Management LLC raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 146.7% during the third quarter. Lionsbridge Wealth Management LLC now owns 27,283 shares of the company’s stock valued at $1,773,000 after purchasing an additional 16,225 shares during the period. Finally, Family Capital Management Inc. bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter worth about $896,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $66.97 on Monday. The company has a 50-day simple moving average of $66.52 and a 200-day simple moving average of $65.23. The firm has a market capitalization of $3.78 billion, a P/E ratio of 25.99 and a beta of 0.58. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $56.11 and a one year high of $67.35.

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.