SouthState Bank Corp Sells 9,254 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

SouthState Bank Corp trimmed its position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 6.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 146,176 shares of the company’s stock after selling 9,254 shares during the quarter. SouthState Bank Corp owned about 0.26% of JPMorgan Hedged Equity Laddered Overlay ETF worth $9,710,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. High Note Wealth LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth approximately $41,000. Larson Financial Group LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth approximately $58,000. Godfrey Financial Associates Inc. bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth approximately $60,000. Hantz Financial Services Inc. bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth approximately $60,000. Finally, Foster Dykema Cabot & Partners LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth approximately $104,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA HELO opened at $67.32 on Friday. The business’s 50 day moving average is $66.73 and its two-hundred day moving average is $66.45. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $61.71 and a 1-year high of $68.22. The stock has a market capitalization of $4.00 billion, a P/E ratio of 25.99 and a beta of 0.57.

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.