Redhawk Wealth Advisors Inc. Trims Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Redhawk Wealth Advisors Inc. lowered its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 48.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,537 shares of the company’s stock after selling 9,082 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $634,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Dakota Wealth Management acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth approximately $529,000. CoreCap Advisors LLC raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 14.6% during the fourth quarter. CoreCap Advisors LLC now owns 5,261 shares of the company’s stock worth $349,000 after purchasing an additional 670 shares during the last quarter. DAVENPORT & Co LLC lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 6.1% during the fourth quarter. DAVENPORT & Co LLC now owns 38,395 shares of the company’s stock worth $2,551,000 after purchasing an additional 2,212 shares during the period. Focus Financial Network Inc. purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at $251,000. Finally, Peterson Wealth Advisors LLC grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 8.6% in the 4th quarter. Peterson Wealth Advisors LLC now owns 684,554 shares of the company’s stock valued at $45,475,000 after buying an additional 54,301 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $63.39 on Monday. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $56.11 and a one year high of $67.60. The company has a market cap of $3.58 billion, a P/E ratio of 25.99 and a beta of 0.58. The firm has a fifty day moving average of $66.21 and a two-hundred day moving average of $65.89.

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.