JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Reaches New 12-Month High – What’s Next?

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $68.28 and last traded at $67.81, with a volume of 48174 shares traded. The stock had previously closed at $67.35.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 0.9%

The business’s 50 day moving average is $67.08 and its two-hundred day moving average is $66.54. The company has a market cap of $4.04 billion, a PE ratio of 25.99 and a beta of 0.57.

Institutional Trading of JPMorgan Hedged Equity Laddered Overlay ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Pinnacle Bancorp Inc. purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter valued at about $29,000. Your Advocates Ltd. LLP purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 1st quarter worth approximately $29,000. HHM Wealth Advisors LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 1st quarter valued at approximately $31,000. Gilpin Wealth Management LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at $34,000. Finally, High Note Wealth LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at $41,000.

About JPMorgan Hedged Equity Laddered Overlay ETF

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.