Allegheny Financial Group Buys 28,075 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Allegheny Financial Group boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 238.4% during the 3rd quarter, Holdings Channel reports. The firm owned 39,852 shares of the company’s stock after buying an additional 28,075 shares during the quarter. Allegheny Financial Group’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $2,590,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in HELO. Krilogy Financial LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth about $1,256,000. Stratos Wealth Partners LTD. grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 65.1% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 54,514 shares of the company’s stock valued at $3,543,000 after buying an additional 21,492 shares in the last quarter. Oppenheimer & Co. Inc. grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 10.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 108,441 shares of the company’s stock valued at $7,049,000 after buying an additional 10,481 shares in the last quarter. Breakwater Capital Group increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 13.6% in the 3rd quarter. Breakwater Capital Group now owns 14,330 shares of the company’s stock worth $931,000 after acquiring an additional 1,711 shares during the last quarter. Finally, RFG Advisory LLC raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 12.5% during the 3rd quarter. RFG Advisory LLC now owns 43,958 shares of the company’s stock worth $2,857,000 after acquiring an additional 4,883 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

NYSEARCA HELO opened at $67.22 on Wednesday. The stock has a 50 day moving average price of $66.66 and a 200-day moving average price of $65.41. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $56.11 and a one year high of $67.51. The company has a market capitalization of $3.79 billion, a P/E 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.