JPMorgan Hedged Equity Laddered Overlay ETF $HELO Stake Lowered by Private Advisor Group LLC

Private Advisor Group LLC cut its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 24.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 264,014 shares of the company’s stock after selling 87,101 shares during the quarter. Private Advisor Group LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $16,873,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Pinnacle Bancorp Inc. acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter valued at $29,000. HHM Wealth Advisors LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the first quarter valued at about $31,000. Gilpin Wealth Management LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter worth about $34,000. High Note Wealth LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter worth about $41,000. Finally, Larson Financial Group LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter worth about $58,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

HELO opened at $67.59 on Friday. The company has a market capitalization of $3.92 billion, a PE ratio of 25.99 and a beta of 0.57. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $62.64 and a fifty-two week high of $68.28. The business has a 50-day moving average of $67.60 and a 200-day moving average of $66.68.

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.