McLaughlin Asset Management Inc. Grows Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

McLaughlin Asset Management Inc. grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 40.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,151 shares of the company’s stock after buying an additional 10,206 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF accounts for about 2.1% of McLaughlin Asset Management Inc.’s holdings, making the stock its 10th biggest holding. McLaughlin Asset Management Inc. owned 0.06% of JPMorgan Hedged Equity Laddered Overlay ETF worth $2,246,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Pinnacle Bancorp Inc. bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the first quarter valued at 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. High Note Wealth LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at $41,000. Finally, Larson Financial Group LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter valued at $58,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.3%

HELO opened at $67.84 on Wednesday. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $62.64 and a twelve month high of $68.28. The company has a fifty day moving average of $67.63 and a 200-day moving average of $66.71. The stock has a market cap of $3.93 billion, a PE ratio of 25.99 and a beta of 0.57.

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.