JPMorgan Hedged Equity Laddered Overlay ETF $HELO Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC cut its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 61.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,621 shares of the company’s stock after selling 7,279 shares during the period. Renaissance Technologies LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $295,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Jane Street Group LLC grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 13.7% in the 1st quarter. Jane Street Group LLC now owns 80,796 shares of the company’s stock valued at $4,822,000 after buying an additional 9,713 shares during the last quarter. NewEdge Advisors LLC lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 46.7% in the second quarter. NewEdge Advisors LLC now owns 73,096 shares of the company’s stock valued at $4,574,000 after acquiring an additional 23,263 shares during the last quarter. Raymond James Financial Inc. lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 9.7% in the second quarter. Raymond James Financial Inc. now owns 1,591,028 shares of the company’s stock valued at $99,566,000 after acquiring an additional 140,094 shares during the last quarter. NCM Capital Management LLC boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 30.3% in the second quarter. NCM Capital Management LLC now owns 20,003 shares of the company’s stock valued at $1,252,000 after acquiring an additional 4,654 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 24.9% in the 2nd quarter. Bank of America Corp DE now owns 1,677,251 shares of the company’s stock valued at $104,962,000 after purchasing an additional 334,184 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA:HELO opened at $69.59 on Thursday. The stock has a market cap of $4.70 billion, a P/E ratio of 25.99 and a beta of 0.56. The firm has a fifty day moving average price of $68.26 and a 200 day moving average price of $67.14. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $63.24 and a 1-year high of $70.23.

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.