Wealth Advisors of Tampa Bay LLC Invests $4.25 Million in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Wealth Advisors of Tampa Bay LLC acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 65,367 shares of the company’s stock, valued at approximately $4,249,000. JPMorgan Hedged Equity Laddered Overlay ETF makes up 1.4% of Wealth Advisors of Tampa Bay LLC’s portfolio, making the stock its 27th biggest holding.

A number of other institutional investors also recently modified their holdings of HELO. Jane Street Group LLC grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 13.7% in the first quarter. Jane Street Group LLC now owns 80,796 shares of the company’s stock worth $4,822,000 after purchasing an additional 9,713 shares during the period. Bank of Montreal Can raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7,854.2% during the second quarter. Bank of Montreal Can now owns 1,909 shares of the company’s stock valued at $119,000 after purchasing an additional 1,885 shares during the period. Good Life Advisors LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the second quarter valued at about $670,000. Clearstead Trust LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter worth about $132,000. Finally, Foundations Investment Advisors LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 16.8% during the 2nd quarter. Foundations Investment Advisors LLC now owns 47,108 shares of the company’s stock worth $2,948,000 after purchasing an additional 6,787 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of HELO opened at $65.01 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $56.11 and a one year high of $67.60. The company has a market cap of $3.67 billion, a PE ratio of 25.99 and a beta of 0.58. The stock has a 50-day moving average of $66.67 and a 200-day moving average of $65.85.

JPMorgan Hedged Equity Laddered Overlay ETF 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.