Renasant Bank Makes New Investment in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Renasant Bank acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 18,161 shares of the company’s stock, valued at approximately $1,256,000.

Other hedge funds have also recently made changes to their positions in the company. Garrett Wealth Advisory Group LLC lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 2.5% in the 3rd quarter. Garrett Wealth Advisory Group LLC now owns 316,008 shares of the company’s stock valued at $21,858,000 after acquiring an additional 7,700 shares in the last quarter. Smallwood Wealth Investment Management LLC boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 19.7% during the 2nd quarter. Smallwood Wealth Investment Management LLC now owns 106,768 shares of the company’s stock valued at $7,215,000 after purchasing an additional 17,605 shares during the last quarter. Apella Capital LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at about $18,534,000. IFP Advisors Inc increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 295.6% during the 3rd quarter. IFP Advisors Inc now owns 111,052 shares of the company’s stock worth $7,681,000 after purchasing an additional 82,977 shares in the last quarter. Finally, Crossmark Global Holdings Inc. bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter worth approximately $939,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.4%

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $68.55 on Wednesday. The company has a market cap of $4.83 billion, a PE ratio of 25.99 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $63.24 and a 52 week high of $70.23. The business has a 50 day moving average price of $69.30 and a 200-day moving average price of $67.78.

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.