18,161 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO Bought by Renasant Bank

Renasant Bank acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 18,161 shares of the company’s stock, valued at approximately $1,256,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Markowski Investments bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter valued at about $30,000. Vima LLC raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 20.7% during the 3rd quarter. Vima LLC now owns 909 shares of the company’s stock worth $63,000 after buying an additional 156 shares during the period. Signature Equity Partners LLC boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 38.8% in the first quarter. Signature Equity Partners LLC now owns 1,667 shares of the company’s stock worth $107,000 after acquiring an additional 466 shares in the last quarter. Oakworth Capital Inc. bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth approximately $137,000. Finally, Center for Financial Planning Inc. bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth approximately $149,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $68.55 on Wednesday. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $63.24 and a 52 week high of $70.23. The stock has a 50 day moving average price of $69.30 and a two-hundred day moving average price of $67.78. The stock has a market capitalization of $4.83 billion, a PE 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.