Taylor Securities Services Inc. Takes $49.73 Million Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Taylor Securities Services Inc. purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 748,609 shares of the company’s stock, valued at approximately $49,730,000. JPMorgan Hedged Equity Laddered Overlay ETF comprises approximately 22.7% of Taylor Securities Services Inc.’s investment portfolio, making the stock its 2nd largest holding. Taylor Securities Services Inc. owned about 1.33% of JPMorgan Hedged Equity Laddered Overlay ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Marks Group Wealth Management Inc raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 2.9% during the fourth quarter. Marks Group Wealth Management Inc now owns 6,006 shares of the company’s stock valued at $399,000 after buying an additional 167 shares in the last quarter. Cornerstone Wealth Management LLC increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.0% in the 4th quarter. Cornerstone Wealth Management LLC now owns 4,209 shares of the company’s stock valued at $280,000 after acquiring an additional 200 shares during the last quarter. N.E.W. Advisory Services LLC raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 12.2% during the 4th quarter. N.E.W. Advisory Services LLC now owns 1,963 shares of the company’s stock valued at $130,000 after acquiring an additional 213 shares in the last quarter. Clearstead Trust LLC raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 3.3% during the 4th quarter. Clearstead Trust LLC now owns 6,879 shares of the company’s stock valued at $457,000 after acquiring an additional 222 shares in the last quarter. Finally, Investment Advisory Group LLC lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 4.3% during the fourth quarter. Investment Advisory Group LLC now owns 6,023 shares of the company’s stock worth $400,000 after purchasing an additional 246 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $67.92 on Friday. The company has a market cap of $4.04 billion, a PE ratio of 25.99 and a beta of 0.57. The company has a fifty day moving average price of $67.43 and a two-hundred day moving average price of $66.60. JPMorgan Hedged Equity Laddered Overlay ETF has a 12 month low of $61.77 and a 12 month high of $68.28.

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.