Envestnet Portfolio Solutions Inc. Grows Holdings in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Envestnet Portfolio Solutions Inc. boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 8.1% during the third quarter, Holdings Channel.com reports. The fund owned 122,266 shares of the company’s stock after acquiring an additional 9,147 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $7,947,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Forvis Mazars Wealth Advisors LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 10.6% in the third quarter. Forvis Mazars Wealth Advisors LLC now owns 2,393,885 shares of the company’s stock worth $155,603,000 after purchasing an additional 230,295 shares in the last quarter. Root Financial Partners LLC bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter worth $78,000. Tradewinds LLC. purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter worth $862,000. Wealth Enhancement Advisory Services LLC raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 8.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,922,662 shares of the company’s stock valued at $124,935,000 after acquiring an additional 145,576 shares during the period. Finally, DeDora Capital Inc. raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 13.2% during the third quarter. DeDora Capital Inc. now owns 54,761 shares of the company’s stock valued at $3,559,000 after acquiring an additional 6,385 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.3%

NYSEARCA HELO opened at $66.72 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $56.11 and a twelve month high of $67.18. The business has a 50-day moving average price of $66.28 and a 200-day moving average price of $65.08. The firm has a market cap of $3.73 billion, a price-to-earnings 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.