Wealth Advisors of Tampa Bay LLC Takes $4.25 Million Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Wealth Advisors of Tampa Bay LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 65,367 shares of the company’s stock, valued at approximately $4,249,000. JPMorgan Hedged Equity Laddered Overlay ETF comprises about 1.4% of Wealth Advisors of Tampa Bay LLC’s investment portfolio, making the stock its 27th biggest position. Wealth Advisors of Tampa Bay LLC owned 0.12% of JPMorgan Hedged Equity Laddered Overlay ETF as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the stock. Bank of America Corp DE lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 24.9% in the 2nd quarter. Bank of America Corp DE now owns 1,677,251 shares of the company’s stock valued at $104,962,000 after purchasing an additional 334,184 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 16.6% during the third quarter. Bank of New York Mellon Corp now owns 1,746,667 shares of the company’s stock worth $113,533,000 after buying an additional 248,651 shares during the last quarter. Forvis Mazars Wealth Advisors LLC increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 10.6% during the third quarter. Forvis Mazars Wealth Advisors LLC now owns 2,393,885 shares of the company’s stock worth $155,603,000 after buying an additional 230,295 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7.8% during the third quarter. Envestnet Asset Management Inc. now owns 2,766,966 shares of the company’s stock worth $179,853,000 after buying an additional 200,643 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 8.2% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,922,662 shares of the company’s stock valued at $124,935,000 after acquiring an additional 145,576 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.4%

NYSEARCA HELO opened at $65.01 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $56.11 and a twelve month high of $67.60. The company has a market cap of $3.67 billion, a price-to-earnings ratio of 25.99 and a beta of 0.58. The business’s fifty day moving average is $66.67 and its 200 day moving average is $65.85.

JPMorgan Hedged Equity Laddered Overlay ETF 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.