DAVENPORT & Co LLC Has $2.35 Million Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

DAVENPORT & Co LLC raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 26.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,183 shares of the company’s stock after purchasing an additional 7,554 shares during the quarter. DAVENPORT & Co LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $2,352,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. ORG Partners LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the second quarter valued at about $30,000. Avion Wealth acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter valued at about $51,000. Assetmark Inc. raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 24.4% in the 2nd 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. Compass Financial Services Inc bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 1st quarter valued at about $64,000. Finally, Parallel Advisors LLC lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 138.8% during the second quarter. Parallel Advisors LLC now owns 1,194 shares of the company’s stock worth $75,000 after acquiring an additional 694 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.1%

Shares of NYSEARCA:HELO opened at $67.00 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $56.11 and a 12-month high of $67.13. The business has a 50 day moving average of $65.82 and a 200-day moving average of $64.47. The stock has a market cap of $3.65 billion, a PE ratio of 25.99 and a beta of 0.58.

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.