MAI Capital Management Raises Stake in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

MAI Capital Management grew its position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 34.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,228 shares of the company’s stock after purchasing an additional 17,492 shares during the quarter. MAI Capital Management owned approximately 0.13% of JPMorgan Hedged Equity Laddered Overlay ETF worth $4,435,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of HELO. Ameritas Advisory Services LLC raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 106.2% during the third quarter. Ameritas Advisory Services LLC now owns 68,450 shares of the company’s stock valued at $4,449,000 after acquiring an additional 35,250 shares during the period. Smallwood Wealth Investment Management LLC grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 40.2% during the third quarter. Smallwood Wealth Investment Management LLC now owns 74,265 shares of the company’s stock worth $4,827,000 after purchasing an additional 21,305 shares in the last quarter. Cary Street Partners Financial LLC raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 8.1% during the 3rd quarter. Cary Street Partners Financial LLC now owns 290,975 shares of the company’s stock valued at $18,913,000 after purchasing an additional 21,788 shares during the period. Convergence Financial LLC raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 9.0% during the 2nd quarter. Convergence Financial LLC now owns 30,652 shares of the company’s stock valued at $1,918,000 after purchasing an additional 2,520 shares during the period. Finally, Grant Private Wealth Management Inc purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter worth approximately $2,394,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of HELO opened at $66.91 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $56.11 and a 1 year high of $67.60. The company has a 50 day simple moving average of $66.81 and a two-hundred day simple moving average of $65.68. The firm has a market cap of $3.78 billion, a P/E ratio of 25.99 and a beta of 0.58.

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.