JPMorgan Hedged Equity Laddered Overlay ETF $HELO Stake Lifted by Hughes Financial Services LLC

Hughes Financial Services LLC raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 7.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 109,056 shares of the company’s stock after purchasing an additional 7,441 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF accounts for 1.0% of Hughes Financial Services LLC’s portfolio, making the stock its 18th largest position. Hughes Financial Services LLC owned 0.15% of JPMorgan Hedged Equity Laddered Overlay ETF worth $7,603,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of HELO. Forvis Mazars Wealth Advisors LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth about $251,123,000. Cetera Investment Advisers raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 70.8% during the first quarter. Cetera Investment Advisers now owns 1,584,346 shares of the company’s stock valued at $101,256,000 after buying an additional 656,912 shares in the last quarter. Brookstone Capital Management acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter valued at approximately $25,700,000. Apella Capital LLC bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter worth approximately $18,534,000. Finally, Bank of America Corp DE lifted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 9.3% during the 1st quarter. Bank of America Corp DE now owns 2,420,158 shares of the company’s stock worth $154,672,000 after buying an additional 206,013 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 0.3%

Shares of HELO opened at $68.96 on Wednesday. The firm has a market cap of $4.86 billion, a price-to-earnings ratio of 25.99 and a beta of 0.56. The stock has a 50 day moving average of $69.41 and a 200-day moving average of $67.72. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $63.24 and a 52 week high of $70.23.

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.