McLaughlin Asset Management Inc. Increases Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

McLaughlin Asset Management Inc. increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 40.9% in the 1st quarter, HoldingsChannel reports. The firm owned 35,151 shares of the company’s stock after acquiring an additional 10,206 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF makes up approximately 2.1% of McLaughlin Asset Management Inc.’s holdings, making the stock its 10th largest holding. McLaughlin Asset Management Inc.’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $2,246,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in HELO. Harbor Asset Planning Inc. lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 9.8% in the first quarter. Harbor Asset Planning Inc. now owns 1,705 shares of the company’s stock valued at $109,000 after buying an additional 152 shares during the period. Marks Group Wealth Management Inc grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 2.9% during the 4th quarter. Marks Group Wealth Management Inc now owns 6,006 shares of the company’s stock worth $399,000 after buying an additional 167 shares during the period. Cornerstone Wealth Management LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.0% in the 4th quarter. Cornerstone Wealth Management LLC now owns 4,209 shares of the company’s stock valued at $280,000 after acquiring an additional 200 shares in the last quarter. N.E.W. Advisory Services LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 12.2% in the 4th quarter. N.E.W. Advisory Services LLC now owns 1,963 shares of the company’s stock valued at $130,000 after acquiring an additional 213 shares in the last quarter. Finally, Clearstead Trust LLC lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 3.3% during the 4th quarter. Clearstead Trust LLC now owns 6,879 shares of the company’s stock valued at $457,000 after acquiring an additional 222 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.3%

Shares of NYSEARCA HELO opened at $67.84 on Wednesday. The firm has a market cap of $3.93 billion, a PE ratio of 25.99 and a beta of 0.57. The company’s fifty day simple moving average is $67.63 and its 200 day simple moving average is $66.71. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $62.64 and a 12-month high of $68.28.

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.