Brookstone Capital Management Purchases 71,967 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Brookstone Capital Management raised its position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 58.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 195,886 shares of the company’s stock after purchasing an additional 71,967 shares during the period. Brookstone Capital Management’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $12,733,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Bank of New York Mellon Corp bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the second quarter worth about $93,746,000. RWA Wealth Partners LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter worth approximately $54,657,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 1,777,086 shares of the company’s stock worth $111,868,000 after acquiring an additional 373,033 shares in the last quarter. Bank of America Corp DE grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 24.9% during the 2nd quarter. Bank of America Corp DE now owns 1,677,251 shares of the company’s stock worth $104,962,000 after acquiring an additional 334,184 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 14.5% in the second quarter. Envestnet Asset Management Inc. now owns 2,566,323 shares of the company’s stock valued at $160,517,000 after purchasing an additional 324,692 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 0.3%

Shares of HELO opened at $67.05 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 12 month low of $56.11 and a 12 month high of $67.08. The firm has a fifty day simple moving average of $65.78 and a 200 day simple moving average of $64.41. The stock has a market capitalization of $3.65 billion, a price-to-earnings ratio of 25.99 and a beta of 0.58.

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.