WASHINGTON TRUST Co Acquires New Stake in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

WASHINGTON TRUST Co bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 11,725 shares of the company’s stock, valued at approximately $811,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Smallwood Wealth Investment Management LLC lifted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 19.7% in the 2nd quarter. Smallwood Wealth Investment Management LLC now owns 106,768 shares of the company’s stock valued at $7,215,000 after purchasing an additional 17,605 shares during the period. Valmark Advisers Inc. increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 523.8% during the 1st quarter. Valmark Advisers Inc. now owns 75,728 shares of the company’s stock worth $4,840,000 after purchasing an additional 63,589 shares in the last quarter. Apella Capital LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter valued at $18,534,000. USAdvisors Wealth Management LLC grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7.5% during the first quarter. USAdvisors Wealth Management LLC now owns 122,850 shares of the company’s stock worth $7,780,000 after buying an additional 8,525 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 99.2% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 62,736 shares of the company’s stock worth $4,009,000 after purchasing an additional 31,246 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA:HELO opened at $68.83 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $63.24 and a one year high of $70.23. The stock has a market capitalization of $4.84 billion, a PE ratio of 25.99 and a beta of 0.56. The company’s 50-day moving average price is $69.44 and its two-hundred day moving average price is $68.30.

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.