Western Wealth Management LLC Sells 13,064 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Western Wealth Management LLC trimmed its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 48.2% during the first quarter, HoldingsChannel.com reports. The firm owned 14,061 shares of the company’s stock after selling 13,064 shares during the period. Western Wealth Management LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $899,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Your Advocates Ltd. LLP bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 1st quarter valued at approximately $29,000. Pinnacle Bancorp Inc. acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 1st quarter worth approximately $29,000. HHM Wealth Advisors LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 1st quarter worth approximately $31,000. Gilpin Wealth Management LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth approximately $34,000. Finally, High Note Wealth LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at approximately $41,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

HELO stock opened at $68.45 on Monday. The company has a fifty day moving average price of $67.73 and a 200-day moving average price of $66.86. The company has a market capitalization of $4.62 billion, a P/E ratio of 25.99 and a beta of 0.57. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $62.64 and a 52-week high of $68.54.

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.