JPMorgan Hedged Equity Laddered Overlay ETF $HELO Shares Sold by IFG Advisory LLC

IFG Advisory LLC cut its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 83.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,688 shares of the company’s stock after selling 23,048 shares during the period. IFG Advisory LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $305,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of HELO. Bank of New York Mellon Corp acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter worth approximately $93,746,000. Bank of America Corp DE raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 24.9% during the second quarter. Bank of America Corp DE now owns 1,677,251 shares of the company’s stock worth $104,962,000 after purchasing an additional 334,184 shares during the last quarter. Forvis Mazars Wealth Advisors LLC boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 10.6% during the third quarter. Forvis Mazars Wealth Advisors LLC now owns 2,393,885 shares of the company’s stock worth $155,603,000 after purchasing an additional 230,295 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 7.8% during the third quarter. Envestnet Asset Management Inc. now owns 2,766,966 shares of the company’s stock worth $179,853,000 after purchasing an additional 200,643 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 8.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,922,662 shares of the company’s stock valued at $124,935,000 after purchasing an additional 145,576 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.8%

Shares of HELO stock opened at $65.89 on Monday. The stock has a market cap of $3.72 billion, a P/E ratio of 25.99 and a beta of 0.58. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $56.11 and a fifty-two week high of $67.60. The business has a fifty day simple moving average of $66.76 and a 200-day simple moving average of $65.81.

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.