Riverchase Wealth Management LLC Acquires Shares of 26,914 JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Riverchase Wealth Management LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 26,914 shares of the company’s stock, valued at approximately $1,720,000. JPMorgan Hedged Equity Laddered Overlay ETF makes up about 0.9% of Riverchase Wealth Management LLC’s holdings, making the stock its 21st biggest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. HHM Wealth Advisors LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the first quarter valued at approximately $31,000. Gilpin Wealth Management LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth $34,000. High Note Wealth LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter worth $41,000. Larson Financial Group LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth $58,000. Finally, Godfrey Financial Associates Inc. bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at $60,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $67.22 on Wednesday. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $62.16 and a 1 year high of $68.28. The firm has a market cap of $3.99 billion, a PE ratio of 25.99 and a beta of 0.57. The stock has a fifty day moving average price of $67.51 and a 200-day moving average price of $66.62.

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.