JPMorgan Hedged Equity Laddered Overlay ETF $HELO Shares Purchased by Philip James Wealth Mangement LLC

Philip James Wealth Mangement LLC raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 11.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 190,974 shares of the company’s stock after acquiring an additional 19,349 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF accounts for approximately 1.4% of Philip James Wealth Mangement LLC’s portfolio, making the stock its 13th largest position. Philip James Wealth Mangement LLC owned approximately 0.36% of JPMorgan Hedged Equity Laddered Overlay ETF worth $12,413,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. ORG Partners LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter valued at about $30,000. Avion Wealth acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the second quarter worth approximately $51,000. Assetmark Inc. lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 24.4% in the second quarter. Assetmark Inc. now owns 893 shares of the company’s stock valued at $56,000 after buying an additional 175 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 138.8% in the second quarter. Parallel Advisors LLC now owns 1,194 shares of the company’s stock valued at $75,000 after acquiring an additional 694 shares during the period. Finally, Harbor Asset Planning Inc. acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the second quarter valued at approximately $92,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $67.05 on Friday. The firm’s fifty day simple moving average is $66.06 and its 200-day simple moving average is $64.80. JPMorgan Hedged Equity Laddered Overlay ETF has a 12 month low of $56.11 and a 12 month high of $67.16. The stock has a market capitalization of $3.65 billion, a price-to-earnings ratio of 25.99 and a beta of 0.58.

About JPMorgan Hedged Equity Laddered Overlay ETF

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.