Hughes Financial Services LLC Reduces Stake in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Hughes Financial Services LLC lowered its position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 18.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 101,037 shares of the company’s stock after selling 22,123 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF comprises about 1.1% of Hughes Financial Services LLC’s investment portfolio, making the stock its 17th biggest holding. Hughes Financial Services LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $6,712,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. LPL Financial LLC lifted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 20.8% in the fourth quarter. LPL Financial LLC now owns 3,189,556 shares of the company’s stock valued at $211,882,000 after acquiring an additional 549,559 shares during the period. Bank of America Corp DE grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 22.4% during the 3rd quarter. Bank of America Corp DE now owns 2,053,130 shares of the company’s stock valued at $133,453,000 after purchasing an additional 375,879 shares during the period. Ameriprise Financial Inc. bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at about $21,635,000. Bank of New York Mellon Corp increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 16.0% during the 4th quarter. Bank of New York Mellon Corp now owns 2,025,861 shares of the company’s stock valued at $134,578,000 after purchasing an additional 279,194 shares during the last quarter. Finally, Leo Wealth LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter valued at about $17,065,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.7%

Shares of NYSEARCA:HELO opened at $66.91 on Thursday. The stock has a market capitalization of $3.98 billion, a PE ratio of 25.99 and a beta of 0.57. The firm’s 50 day moving average price is $66.95 and its 200-day moving average price is $66.51. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $61.72 and a twelve month high of $68.22.

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.