Skyline Advisors Inc. Boosts Stock Holdings in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Skyline Advisors Inc. increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 14.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 188,330 shares of the company’s stock after buying an additional 23,313 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF makes up about 4.2% of Skyline Advisors Inc.’s portfolio, making the stock its 9th largest holding. Skyline Advisors Inc.’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $12,241,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. First Horizon Corp acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth about $48,000. Assetmark Inc. boosted 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 acquiring an additional 175 shares during the period. Root Financial Partners LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter valued at approximately $78,000. Foster Dykema Cabot & Partners LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter valued at approximately $104,000. Finally, Bank of Montreal Can grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7,854.2% during the second quarter. Bank of Montreal Can now owns 1,909 shares of the company’s stock valued at $119,000 after purchasing an additional 1,885 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Down 0.8%

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $65.89 on Monday. The stock has a market capitalization of $3.72 billion, a price-to-earnings ratio of 25.99 and a beta of 0.58. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $56.11 and a twelve month high of $67.60. The business’s 50 day simple moving average is $66.76 and its 200-day simple moving average is $65.81.

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.