15,003 JPMorgan Hedged Equity Laddered Overlay ETF $HELO Shares Purchased by Essential Investment Partners LLC

Essential Investment Partners LLC lifted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 38.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 54,183 shares of the company’s stock after acquiring an additional 15,003 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF accounts for about 2.5% of Essential Investment Partners LLC’s portfolio, making the stock its 10th largest position. Essential Investment Partners LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $3,748,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Convergence Financial LLC boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 7.9% in the third quarter. Convergence Financial LLC now owns 47,028 shares of the company’s stock valued at $3,253,000 after purchasing an additional 3,444 shares during the period. Roman Butler Fullerton & Co. purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter worth about $573,000. Oakworth Capital Inc. purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter worth about $137,000. Oppenheimer & Co. Inc. purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter worth about $3,309,000. Finally, Center for Financial Planning Inc. acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter valued at about $149,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

HELO stock opened at $69.77 on Thursday. The business’s 50-day moving average is $69.43 and its two-hundred day moving average is $67.68. The firm has a market capitalization of $4.93 billion, a P/E ratio of 25.99 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $63.24 and a 1 year high of $70.23.

JPMorgan Hedged Equity Laddered Overlay ETF Company 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.