JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Hits New 52-Week High – Time to Buy?

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELOGet Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as $67.40 and last traded at $67.3750, with a volume of 115319 shares trading hands. The stock had previously closed at $67.16.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

The firm has a market capitalization of $3.79 billion, a P/E ratio of 25.99 and a beta of 0.58. The business has a 50 day moving average of $66.68 and a 200-day moving average of $65.43.

Institutional Investors Weigh In On JPMorgan Hedged Equity Laddered Overlay ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Gilpin Wealth Management LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter worth $34,000. High Note Wealth LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at about $41,000. First Horizon Corp acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth about $48,000. Avion Wealth acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the second quarter worth about $51,000. Finally, Assetmark Inc. grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 24.4% during the second quarter. Assetmark Inc. now owns 893 shares of the company’s stock worth $56,000 after buying an additional 175 shares in the last quarter.

About JPMorgan Hedged Equity Laddered Overlay ETF

(Get Free Report)

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.

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