JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Sees Strong Trading Volume – What’s Next?

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) shares saw an uptick in trading volume on Friday . 811,833 shares were traded during trading, an increase of 163% from the previous session’s volume of 309,188 shares.The stock last traded at $67.40 and had previously closed at $67.20.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

The company has a market capitalization of $4.00 billion, a price-to-earnings ratio of 25.99 and a beta of 0.57. The stock’s fifty day simple moving average is $67.08 and its two-hundred day simple moving average is $66.53.

Institutional Trading of JPMorgan Hedged Equity Laddered Overlay ETF

A number of institutional investors and hedge funds have recently modified their holdings of HELO. Taylor Securities Services Inc. acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth $49,730,000. Cetera Investment Advisers raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 70.8% during the first 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 during the period. LPL Financial LLC raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 20.8% during the fourth quarter. LPL Financial LLC now owns 3,189,556 shares of the company’s stock worth $211,882,000 after purchasing an additional 549,559 shares during the period. Bank of America Corp DE raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 22.4% during the third quarter. Bank of America Corp DE now owns 2,053,130 shares of the company’s stock worth $133,453,000 after purchasing an additional 375,879 shares during the period. Finally, Raymond James Financial Inc. raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% during the fourth quarter. Raymond James Financial Inc. now owns 1,742,174 shares of the company’s stock worth $115,733,000 after purchasing an additional 365,572 shares during the period.

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.