A4 Wealth Advisors LLC Acquires New Shares in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

A4 Wealth Advisors LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the third quarter, HoldingsChannel reports. The firm purchased 14,203 shares of the company’s stock, valued at approximately $923,000.

Several other institutional investors have also recently modified their holdings of the stock. Bank of New York Mellon Corp acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter valued at about $93,746,000. RWA Wealth Partners LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter worth about $54,657,000. Bank of America Corp DE lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 24.9% during the second quarter. Bank of America Corp DE now owns 1,677,251 shares of the company’s stock valued at $104,962,000 after buying an additional 334,184 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 14.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,566,323 shares of the company’s stock valued at $160,517,000 after acquiring an additional 324,692 shares in the last quarter. Finally, Forvis Mazars Wealth Advisors LLC grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 14.2% in the second quarter. Forvis Mazars Wealth Advisors LLC now owns 2,163,590 shares of the company’s stock valued at $135,397,000 after buying an additional 268,943 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.3%

HELO opened at $66.97 on Monday. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $56.11 and a 52-week high of $67.35. The firm has a market capitalization of $3.78 billion, a P/E ratio of 25.99 and a beta of 0.58. The firm’s 50 day moving average is $66.52 and its 200-day moving average is $65.23.

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.