Cetera Investment Advisers Boosts Stock Holdings in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Cetera Investment Advisers grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 70.8% in the 1st quarter, Holdings Channel reports. The institutional investor owned 1,584,346 shares of the company’s stock after buying an additional 656,912 shares during the quarter. Cetera Investment Advisers’ holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $101,256,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Pinnacle Bancorp Inc. acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 1st quarter worth approximately $29,000. Your Advocates Ltd. LLP acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter worth $29,000. HHM Wealth Advisors LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter worth $31,000. Gilpin Wealth Management LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth $34,000. Finally, High Note Wealth LLC acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at $41,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.8%

NYSEARCA:HELO opened at $67.55 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $62.64 and a 52-week high of $68.40. The company has a market capitalization of $4.51 billion, a PE ratio of 25.99 and a beta of 0.57. The stock has a fifty day simple moving average of $67.73 and a 200-day simple moving average of $66.83.

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.