WNY Asset Management LLC Makes New Investment in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

WNY Asset Management LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 12,236 shares of the company’s stock, valued at approximately $782,000.

Several other institutional investors have also modified their holdings of the business. Taylor Securities Services Inc. purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth $49,730,000. Cetera Investment Advisers boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 70.8% in the first quarter. Cetera Investment Advisers now owns 1,584,346 shares of the company’s stock valued at $101,256,000 after purchasing an additional 656,912 shares during the period. LPL Financial LLC grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 20.8% during the 4th quarter. LPL Financial LLC now owns 3,189,556 shares of the company’s stock worth $211,882,000 after purchasing an additional 549,559 shares in the last quarter. Bank of America Corp DE grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 22.4% during the 3rd quarter. Bank of America Corp DE now owns 2,053,130 shares of the company’s stock worth $133,453,000 after purchasing an additional 375,879 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% during the 4th quarter. Raymond James Financial Inc. now owns 1,742,174 shares of the company’s stock worth $115,733,000 after purchasing an additional 365,572 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA HELO opened at $68.45 on Friday. The company has a market cap of $4.60 billion, a price-to-earnings ratio of 25.99 and a beta of 0.57. The stock’s 50-day moving average is $67.73 and its two-hundred day moving average is $66.87. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $62.64 and a 1-year high of $68.54.

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.