JPMorgan Hedged Equity Laddered Overlay ETF $HELO is USAdvisors Wealth Management LLC’s 7th Largest Position

USAdvisors Wealth Management LLC decreased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 28.8% in the 4th quarter, Holdings Channel reports. The firm owned 114,325 shares of the company’s stock after selling 46,348 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF accounts for about 2.5% of USAdvisors Wealth Management LLC’s investment portfolio, making the stock its 7th biggest holding. USAdvisors Wealth Management LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $7,594,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of HELO. Bank of America Corp DE raised its position in JPMorgan Hedged Equity Laddered Overlay ETF by 22.4% in the 3rd quarter. Bank of America Corp DE now owns 2,053,130 shares of the company’s stock valued at $133,453,000 after purchasing an additional 375,879 shares during the last quarter. Ameriprise Financial Inc. purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter valued at $21,635,000. Leo Wealth LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at $17,065,000. Bank of New York Mellon Corp increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 16.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,746,667 shares of the company’s stock valued at $113,533,000 after buying an additional 248,651 shares during the period. Finally, Forvis Mazars Wealth Advisors LLC increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 10.6% in the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 2,393,885 shares of the company’s stock valued at $155,603,000 after buying an additional 230,295 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO opened at $67.88 on Friday. The stock has a market capitalization of $4.03 billion, a P/E ratio of 25.99 and a beta of 0.59. The company’s fifty day moving average is $65.93 and its two-hundred day moving average is $66.20. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $60.29 and a 1 year high of $67.92.

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.