JPMorgan Hedged Equity Laddered Overlay ETF $HELO Stock Bought by Hughes Financial Services LLC

Hughes Financial Services LLC boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 7.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 109,056 shares of the company’s stock after buying an additional 7,441 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF accounts for about 1.0% of Hughes Financial Services LLC’s investment portfolio, making the stock its 18th largest position. Hughes Financial Services LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $7,603,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Forvis Mazars Wealth Advisors LLC acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter valued at approximately $251,123,000. Cetera Investment Advisers raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 70.8% during the first quarter. Cetera Investment Advisers now owns 1,584,346 shares of the company’s stock worth $101,256,000 after acquiring an additional 656,912 shares in the last quarter. Brookstone Capital Management acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at about $25,700,000. Apella Capital LLC acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at approximately $18,534,000. Finally, Bank of America Corp DE boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 9.3% in the first quarter. Bank of America Corp DE now owns 2,420,158 shares of the company’s stock worth $154,672,000 after purchasing an additional 206,013 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of NYSEARCA HELO opened at $68.96 on Wednesday. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $63.24 and a 52 week high of $70.23. The business’s 50-day simple moving average is $69.41 and its 200-day simple moving average is $67.72. The firm has a market cap of $4.86 billion, a price-to-earnings ratio of 25.99 and a beta of 0.56.

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.