Harbor Investment Advisory LLC Sells 15,256 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Harbor Investment Advisory LLC lowered its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 23.6% in the 3rd quarter, Holdings Channel.com reports. The fund owned 49,469 shares of the company’s stock after selling 15,256 shares during the period. Harbor Investment Advisory LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $3,215,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Osaic Holdings Inc. increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 1.1% in the second quarter. Osaic Holdings Inc. now owns 3,008,402 shares of the company’s stock valued at $188,270,000 after purchasing an additional 31,657 shares during the period. Envestnet Asset Management Inc. grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 14.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,566,323 shares of the company’s stock valued at $160,517,000 after buying an additional 324,692 shares during the last quarter. Forvis Mazars Wealth Advisors LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 14.2% in the second quarter. Forvis Mazars Wealth Advisors LLC now owns 2,163,590 shares of the company’s stock valued at $135,397,000 after buying an additional 268,943 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% during the second 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 during the last quarter. Finally, Bank of America Corp DE raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 24.9% during the second 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 during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of HELO stock opened at $67.11 on Tuesday. The stock has a market capitalization of $3.68 billion, a PE ratio of 25.99 and a beta of 0.58. The business’s 50 day simple moving average is $66.09 and its 200 day simple moving average is $64.85. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $56.11 and a one year high of $67.18.

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.