JPMorgan Hedged Equity Laddered Overlay ETF $HELO Position Lowered by Avestar Capital LLC

Avestar Capital LLC reduced its position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 61.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,814 shares of the company’s stock after selling 7,832 shares during the quarter. Avestar Capital LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $313,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Osaic Holdings Inc. grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 1.1% in the 2nd quarter. Osaic Holdings Inc. now owns 3,008,402 shares of the company’s stock worth $188,270,000 after acquiring an additional 31,657 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,766,966 shares of the company’s stock valued at $179,853,000 after acquiring an additional 200,643 shares in the last quarter. Forvis Mazars Wealth Advisors LLC lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 10.6% during 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 during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 8.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,922,662 shares of the company’s stock worth $124,935,000 after purchasing an additional 145,576 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 16.6% during the third quarter. Bank of New York Mellon Corp now owns 1,746,667 shares of the company’s stock valued at $113,533,000 after purchasing an additional 248,651 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of NYSEARCA:HELO opened at $67.03 on Friday. The company’s fifty day moving average is $66.73 and its two-hundred day moving average is $65.58. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $56.11 and a 1-year high of $67.60. The stock has a market capitalization of $3.78 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.