Western Wealth Management LLC Sells 13,064 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Western Wealth Management LLC decreased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 48.2% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 14,061 shares of the company’s stock after selling 13,064 shares during the period. Western Wealth Management LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $899,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Jane Street Group LLC raised its position in JPMorgan Hedged Equity Laddered Overlay ETF by 13.7% in the 1st quarter. Jane Street Group LLC now owns 80,796 shares of the company’s stock worth $4,822,000 after purchasing an additional 9,713 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 46.7% in the 2nd quarter. NewEdge Advisors LLC now owns 73,096 shares of the company’s stock valued at $4,574,000 after buying an additional 23,263 shares during the period. Raymond James Financial Inc. increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 9.7% in the second quarter. Raymond James Financial Inc. now owns 1,591,028 shares of the company’s stock worth $99,566,000 after acquiring an additional 140,094 shares in the last quarter. NCM Capital Management LLC raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 30.3% during the 2nd quarter. NCM Capital Management LLC now owns 20,003 shares of the company’s stock worth $1,252,000 after buying an additional 4,654 shares during the period. Finally, Bank of America Corp DE lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 24.9% in the 2nd quarter. Bank of America Corp DE now owns 1,677,251 shares of the company’s stock valued at $104,962,000 after acquiring an additional 334,184 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

HELO stock opened at $70.12 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $63.24 and a fifty-two week high of $70.18. The business has a 50-day moving average of $68.05 and a 200-day moving average of $67.06. The stock has a market capitalization of $4.74 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.