Bright Futures Wealth Management LLC. Makes New $2.43 Million Investment in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Bright Futures Wealth Management LLC. bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the 3rd quarter, HoldingsChannel reports. The fund bought 37,323 shares of the company’s stock, valued at approximately $2,426,000. JPMorgan Hedged Equity Laddered Overlay ETF comprises 1.9% of Bright Futures Wealth Management LLC.’s portfolio, making the stock its 12th biggest position.

Several other large investors have also recently bought and sold shares of the stock. Ameritas Advisory Services LLC lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 106.2% during the third quarter. Ameritas Advisory Services LLC now owns 68,450 shares of the company’s stock valued at $4,449,000 after purchasing an additional 35,250 shares during the last quarter. Cary Street Partners Financial LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 8.1% in the 3rd quarter. Cary Street Partners Financial LLC now owns 290,975 shares of the company’s stock valued at $18,913,000 after purchasing an additional 21,788 shares during the period. Smallwood Wealth Investment Management LLC increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 40.2% in the 3rd quarter. Smallwood Wealth Investment Management LLC now owns 74,265 shares of the company’s stock worth $4,827,000 after purchasing an additional 21,305 shares in the last quarter. Convergence Financial LLC raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 9.0% during the 2nd quarter. Convergence Financial LLC now owns 30,652 shares of the company’s stock worth $1,918,000 after buying an additional 2,520 shares during the period. Finally, Bank of Montreal Can lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 7,854.2% during the second quarter. Bank of Montreal Can now owns 1,909 shares of the company’s stock valued at $119,000 after buying an additional 1,885 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of HELO opened at $66.64 on Monday. The company has a 50-day moving average of $66.82 and a two-hundred day moving average of $65.73. The stock has a market cap of $3.76 billion, a price-to-earnings ratio of 25.99 and a beta of 0.58. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $56.11 and a one year high of $67.60.

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.