JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Hits New 12-Month High – Here’s Why

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $68.40 and last traded at $68.36, with a volume of 163865 shares changing hands. The stock had previously closed at $68.15.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 0.3%

The firm has a market cap of $4.00 billion, a P/E ratio of 25.99 and a beta of 0.57. The company’s fifty day moving average price is $67.71 and its two-hundred day moving average price is $66.78.

Institutional Trading of JPMorgan Hedged Equity Laddered Overlay ETF

Large investors have recently added to or reduced their stakes in the company. Your Advocates Ltd. LLP acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter worth approximately $29,000. Pinnacle Bancorp Inc. acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 1st quarter worth approximately $29,000. HHM Wealth Advisors LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 1st quarter worth approximately $31,000. Gilpin Wealth Management LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter worth approximately $34,000. Finally, High Note Wealth LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth approximately $41,000.

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.