Soundwatch Capital LLC Buys 10,353 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Soundwatch Capital LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 98.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 20,875 shares of the company’s stock after buying an additional 10,353 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF comprises about 0.2% of Soundwatch Capital LLC’s holdings, making the stock its 14th biggest position. Soundwatch Capital LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $1,449,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in HELO. Markowski Investments purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the second quarter valued at about $30,000. Vima LLC grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 20.7% during the 3rd quarter. Vima LLC now owns 909 shares of the company’s stock valued at $63,000 after acquiring an additional 156 shares during the period. Signature Equity Partners LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 38.8% during the 1st quarter. Signature Equity Partners LLC now owns 1,667 shares of the company’s stock worth $107,000 after purchasing an additional 466 shares during the last quarter. Oakworth Capital Inc. purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter worth approximately $137,000. Finally, Center for Financial Planning Inc. purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter worth approximately $149,000.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 1.3%

NYSEARCA:HELO opened at $68.80 on Tuesday. The stock has a market capitalization of $4.84 billion, a PE ratio of 25.99 and a beta of 0.56. The firm’s 50 day moving average is $69.32 and its 200 day moving average is $67.77. JPMorgan Hedged Equity Laddered Overlay ETF has a 12 month low of $63.24 and a 12 month high of $70.23.

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.