JPMorgan Hedged Equity Laddered Overlay ETF $HELO Shares Newly Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 729,895 shares of the company’s stock, valued at approximately $50,487,000.

Several other hedge funds also recently bought and sold shares of HELO. Cordgrass Capital Advisors LLC increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 0.5% during the third quarter. Cordgrass Capital Advisors LLC now owns 52,698 shares of the company’s stock valued at $3,645,000 after acquiring an additional 243 shares during the last quarter. MFG Investments LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter valued at approximately $1,568,000. Hughes Financial Services LLC raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7.3% in the 3rd quarter. Hughes Financial Services LLC now owns 109,056 shares of the company’s stock valued at $7,603,000 after acquiring an additional 7,441 shares during the period. Integrity Alliance LLC. acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter worth approximately $6,754,000. Finally, Signature Equity Partners LLC lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 11.2% in the 3rd quarter. Signature Equity Partners LLC now owns 1,953 shares of the company’s stock worth $135,000 after acquiring an additional 196 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

NYSEARCA:HELO opened at $67.94 on Friday. The stock has a market capitalization of $4.78 billion, a P/E ratio of 25.99 and a beta of 0.56. The company has a 50 day moving average price of $69.34 and a 200 day moving average price of $67.76. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $63.24 and a fifty-two week high of $70.23.

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.