McLaughlin Asset Management Inc. Invests $1.66 Million in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

McLaughlin Asset Management Inc. acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 24,945 shares of the company’s stock, valued at approximately $1,657,000. JPMorgan Hedged Equity Laddered Overlay ETF comprises approximately 1.5% of McLaughlin Asset Management Inc.’s investment portfolio, making the stock its 18th biggest holding.

A number of other large investors have also modified their holdings of the business. LPL Financial LLC lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 20.8% in the 4th quarter. LPL Financial LLC now owns 3,189,556 shares of the company’s stock worth $211,882,000 after purchasing an additional 549,559 shares in the last quarter. Bank of America Corp DE increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 22.4% during the 3rd quarter. Bank of America Corp DE now owns 2,053,130 shares of the company’s stock worth $133,453,000 after buying an additional 375,879 shares during the period. Bank of New York Mellon Corp lifted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 16.0% during the 4th quarter. Bank of New York Mellon Corp now owns 2,025,861 shares of the company’s stock worth $134,578,000 after buying an additional 279,194 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 5.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,021,674 shares of the company’s stock valued at $135,392,000 after buying an additional 99,012 shares during the period. Finally, Raymond James Financial Inc. boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% in the 4th quarter. Raymond James Financial Inc. now owns 1,742,174 shares of the company’s stock valued at $115,733,000 after buying an additional 365,572 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.4%

NYSEARCA:HELO opened at $67.92 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $61.77 and a 52 week high of $68.28. The company has a fifty day simple moving average of $67.37 and a two-hundred day simple moving average of $66.59. The company has a market cap of $4.04 billion, a price-to-earnings ratio of 25.99 and a beta of 0.57.

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.