Milestone Investment Advisors LLC Sells 91,706 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Milestone Investment Advisors LLC cut its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 95.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,881 shares of the company’s stock after selling 91,706 shares during the quarter. Milestone Investment Advisors LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $252,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in HELO. Bank of America Corp DE increased its position in JPMorgan Hedged Equity Laddered Overlay ETF by 22.4% during the third quarter. Bank of America Corp DE now owns 2,053,130 shares of the company’s stock worth $133,453,000 after buying an additional 375,879 shares during the last quarter. Ameriprise Financial Inc. acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth about $21,635,000. Bank of New York Mellon Corp boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 16.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,746,667 shares of the company’s stock worth $113,533,000 after acquiring an additional 248,651 shares in the last quarter. Forvis Mazars Wealth Advisors LLC boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 10.6% during the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 2,393,885 shares of the company’s stock worth $155,603,000 after acquiring an additional 230,295 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,766,966 shares of the company’s stock valued at $179,853,000 after acquiring an additional 200,643 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO stock opened at $65.47 on Tuesday. The stock’s 50 day simple moving average is $66.65 and its 200 day simple moving average is $65.88. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $56.11 and a twelve month high of $67.60. The company has a market capitalization of $3.70 billion, a price-to-earnings ratio of 25.99 and a beta of 0.58.

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.