Selby Wealth Management LLC Purchases 32,815 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Selby Wealth Management LLC lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 78.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 74,595 shares of the company’s stock after purchasing an additional 32,815 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF comprises approximately 1.9% of Selby Wealth Management LLC’s portfolio, making the stock its 17th largest position. Selby Wealth Management LLC owned approximately 0.11% of JPMorgan Hedged Equity Laddered Overlay ETF worth $5,160,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Forvis Mazars Wealth Advisors LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter valued at $251,123,000. Bank of America Corp DE raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 9.3% during the first quarter. Bank of America Corp DE now owns 2,420,158 shares of the company’s stock worth $154,672,000 after purchasing an additional 206,013 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 10.1% in the 1st quarter. Bank of New York Mellon Corp now owns 2,229,653 shares of the company’s stock valued at $142,497,000 after buying an additional 203,792 shares during the period. Cetera Investment Advisers grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 70.8% during the first quarter. Cetera Investment Advisers now owns 1,584,346 shares of the company’s stock worth $101,256,000 after buying an additional 656,912 shares during the period. Finally, Peterson Wealth Advisors LLC raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 4.9% during the 3rd quarter. Peterson Wealth Advisors LLC now owns 769,019 shares of the company’s stock worth $53,193,000 after buying an additional 36,083 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

HELO stock traded down $0.46 on Friday, reaching $69.21. The company had a trading volume of 166,951 shares, compared to its average volume of 335,589. The company’s fifty day moving average is $69.50 and its 200 day moving average is $68.11. The company has a market cap of $4.86 billion, a P/E ratio of 25.99 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $63.24 and a 1 year high of $70.23.

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.