Echo Wealth Management LLC Has $3.54 Million Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Echo Wealth Management LLC trimmed its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 22.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,343 shares of the company’s stock after selling 15,976 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF makes up about 2.0% of Echo Wealth Management LLC’s portfolio, making the stock its 12th largest holding. Echo Wealth Management LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $3,537,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the company. HHM Wealth Advisors LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 1st quarter worth approximately $31,000. Gilpin Wealth Management LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth about $34,000. High Note Wealth LLC acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at approximately $41,000. Larson Financial Group LLC acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter valued at $58,000. Finally, Godfrey Financial Associates Inc. acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter valued at about $60,000.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 0.1%

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $67.08 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $62.36 and a 12-month high of $68.28. The company has a market capitalization of $3.99 billion, a P/E ratio of 25.99 and a beta of 0.57. The stock has a fifty day simple moving average of $67.55 and a 200 day simple moving average of $66.64.

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.