JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO – Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 811,833 shares changed hands during trading, an increase of 163% from the previous session’s volume of 309,188 shares.The stock last traded at $67.40 and had previously closed at $67.20.
JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance
The company has a 50-day moving average price of $67.01 and a 200-day moving average price of $66.53. The firm has a market capitalization of $4.00 billion, a price-to-earnings ratio of 25.99 and a beta of 0.57.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the business. Brookstone Capital Management raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 22.8% during the 4th quarter. Brookstone Capital Management now owns 240,598 shares of the company’s stock valued at $15,983,000 after acquiring an additional 44,712 shares during the last quarter. Ameritas Advisory Services LLC raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 106.2% during the 3rd quarter. Ameritas Advisory Services LLC now owns 68,450 shares of the company’s stock valued at $4,449,000 after acquiring an additional 35,250 shares during the last quarter. Aspire Capital Advisors LLC raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 4.6% during the 4th quarter. Aspire Capital Advisors LLC now owns 194,718 shares of the company’s stock valued at $12,935,000 after acquiring an additional 8,546 shares during the last quarter. Leo Wealth LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter valued at approximately $17,065,000. Finally, Capital Investment Advisory Services LLC raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 107.9% during the 4th quarter. Capital Investment Advisory Services LLC now owns 44,368 shares of the company’s stock valued at $2,947,000 after acquiring an additional 23,032 shares during the last quarter.
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.
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