Western Wealth Management LLC Has $899,000 Holdings in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Western Wealth Management LLC lessened its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 48.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,061 shares of the company’s stock after selling 13,064 shares during the period. Western Wealth Management LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $899,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Mascagni Wealth Management Inc. boosted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 13.5% in the 1st quarter. Mascagni Wealth Management Inc. now owns 14,860 shares of the company’s stock valued at $950,000 after purchasing an additional 1,765 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 9.3% during the 1st quarter. Bank of America Corp DE now owns 2,420,158 shares of the company’s stock valued at $154,672,000 after purchasing an additional 206,013 shares during the last quarter. Royal Bank of Canada increased its position in JPMorgan Hedged Equity Laddered Overlay ETF by 3.9% during the 1st quarter. Royal Bank of Canada now owns 511,303 shares of the company’s stock worth $32,677,000 after purchasing an additional 19,064 shares in the last quarter. Gateway Wealth Partners LLC increased its position in JPMorgan Hedged Equity Laddered Overlay ETF by 19.8% during the 1st quarter. Gateway Wealth Partners LLC now owns 27,580 shares of the company’s stock worth $1,763,000 after purchasing an additional 4,555 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in JPMorgan Hedged Equity Laddered Overlay ETF by 70.8% during the 1st quarter. Cetera Investment Advisers now owns 1,584,346 shares of the company’s stock worth $101,256,000 after purchasing an additional 656,912 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA:HELO opened at $68.45 on Monday. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $62.64 and a one year high of $68.54. The company has a market cap of $4.62 billion, a price-to-earnings ratio of 25.99 and a beta of 0.57. The firm has a 50 day simple moving average of $67.73 and a 200 day simple moving average of $66.86.

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.