Philip James Wealth Mangement LLC Grows Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Philip James Wealth Mangement LLC raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 11.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 190,974 shares of the company’s stock after purchasing an additional 19,349 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF accounts for approximately 1.4% of Philip James Wealth Mangement LLC’s investment portfolio, making the stock its 13th largest holding. Philip James Wealth Mangement LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $12,413,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HELO. Smallwood Wealth Investment Management LLC lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 40.2% during the third quarter. Smallwood Wealth Investment Management LLC now owns 74,265 shares of the company’s stock worth $4,827,000 after buying an additional 21,305 shares during the period. Grant Private Wealth Management Inc acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at about $2,394,000. Bank of Montreal Can lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7,854.2% during the 2nd quarter. Bank of Montreal Can now owns 1,909 shares of the company’s stock worth $119,000 after acquiring an additional 1,885 shares during the period. Lionsbridge Wealth Management LLC lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 146.7% during the 3rd quarter. Lionsbridge Wealth Management LLC now owns 27,283 shares of the company’s stock worth $1,773,000 after acquiring an additional 16,225 shares during the period. Finally, Family Capital Management Inc. acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the second quarter worth approximately $896,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO stock opened at $67.05 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $56.11 and a one year high of $67.16. The company has a 50 day moving average price of $66.06 and a 200 day moving average price of $64.80. The firm has a market capitalization of $3.65 billion, a price-to-earnings ratio of 25.99 and a beta of 0.58.

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.