Smallwood Wealth Investment Management LLC Purchases 17,605 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Smallwood Wealth Investment Management LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 19.7% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 106,768 shares of the company’s stock after acquiring an additional 17,605 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF comprises about 3.2% of Smallwood Wealth Investment Management LLC’s portfolio, making the stock its 6th largest position. Smallwood Wealth Investment Management LLC owned about 0.16% of JPMorgan Hedged Equity Laddered Overlay ETF worth $7,215,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in HELO. Riverchase Wealth Management LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the first quarter valued at approximately $1,720,000. Marshall & Sterling Wealth Advisors Inc. raised its position in JPMorgan Hedged Equity Laddered Overlay ETF by 339.6% during the 4th quarter. Marshall & Sterling Wealth Advisors Inc. now owns 61,437 shares of the company’s stock worth $4,081,000 after buying an additional 47,461 shares during the last quarter. LPL Financial LLC lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 20.8% during the 4th quarter. LPL Financial LLC now owns 3,189,556 shares of the company’s stock valued at $211,882,000 after acquiring an additional 549,559 shares during the period. Cary Street Partners Investment Advisory LLC boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 12,964.6% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 31,355 shares of the company’s stock valued at $2,083,000 after acquiring an additional 31,115 shares during the last quarter. Finally, Triad Wealth Partners LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 54.1% in the first quarter. Triad Wealth Partners LLC now owns 280,770 shares of the company’s stock worth $17,944,000 after acquiring an additional 98,552 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

NYSEARCA:HELO opened at $69.47 on Thursday. The company’s fifty day moving average price is $68.63 and its 200-day moving average price is $67.31. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $63.24 and a 1-year high of $70.23. The firm has a market capitalization of $4.69 billion, a P/E ratio of 25.99 and a beta of 0.56.

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.