Cary Street Partners Financial LLC Purchases 21,788 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Cary Street Partners Financial LLC boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 8.1% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 290,975 shares of the company’s stock after buying an additional 21,788 shares during the period. Cary Street Partners Financial LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $18,913,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Bank of New York Mellon Corp bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter worth $93,746,000. RWA Wealth Partners LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the second quarter valued at $54,657,000. Bank of America Corp DE increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 24.9% in the 2nd quarter. Bank of America Corp DE now owns 1,677,251 shares of the company’s stock worth $104,962,000 after buying an additional 334,184 shares in the last quarter. Envestnet Asset Management Inc. raised its position in 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 worth $160,517,000 after buying an additional 324,692 shares during the last quarter. Finally, Forvis Mazars Wealth Advisors LLC lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 10.6% during the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 2,393,885 shares of the company’s stock valued at $155,603,000 after acquiring an additional 230,295 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.3%

Shares of NYSEARCA HELO opened at $66.79 on Wednesday. The firm’s 50-day moving average price is $66.75 and its 200-day moving average price is $65.66. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $56.11 and a 52-week high of $67.60. The company has a market cap of $3.77 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.