Simmons Bank raised its position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO – Free Report) by 270.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 11,432 shares of the company’s stock after acquiring an additional 8,347 shares during the period. Simmons Bank’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $731,000 at the end of the most recent quarter.
Other hedge funds have also made changes to their positions in the company. Taylor Securities Services Inc. acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth approximately $49,730,000. 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 last quarter. Bank of America Corp DE lifted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 22.4% in the third quarter. Bank of America Corp DE now owns 2,053,130 shares of the company’s stock valued at $133,453,000 after acquiring an additional 375,879 shares during the last quarter. Raymond James Financial Inc. grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% in the fourth quarter. Raymond James Financial Inc. now owns 1,742,174 shares of the company’s stock worth $115,733,000 after acquiring an additional 365,572 shares during the period. Finally, Ameriprise Financial Inc. acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth $21,635,000.
JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.3%
NYSEARCA:HELO opened at $67.58 on Wednesday. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $62.45 and a 52 week high of $68.28. The company has a market capitalization of $4.02 billion, a P/E ratio of 25.99 and a beta of 0.57. The stock’s fifty day moving average is $67.57 and its two-hundred day moving average is $66.66.
About JPMorgan Hedged Equity Laddered Overlay ETF
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.
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Want to see what other hedge funds are holding HELO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO – Free Report).
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