Brookstone Capital Management Purchases 44,712 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Brookstone Capital Management increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 22.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 240,598 shares of the company’s stock after acquiring an additional 44,712 shares during the period. Brookstone Capital Management’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $15,983,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in HELO. Orrstown Financial Services Inc. grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 3.2% during the fourth quarter. Orrstown Financial Services Inc. now owns 119,354 shares of the company’s stock valued at $7,929,000 after purchasing an additional 3,655 shares during the period. Longview Financial Advisors LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 9.1% during the fourth quarter. Longview Financial Advisors LLC now owns 250,745 shares of the company’s stock worth $16,657,000 after buying an additional 20,896 shares during the period. Dakota Wealth Management acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth approximately $529,000. CoreCap Advisors LLC lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 14.6% during the 4th quarter. CoreCap Advisors LLC now owns 5,261 shares of the company’s stock worth $349,000 after buying an additional 670 shares in the last quarter. Finally, DAVENPORT & Co LLC increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 6.1% during the 4th 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 last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of NYSEARCA:HELO opened at $63.33 on Tuesday. The company has a market capitalization of $3.57 billion, a P/E ratio of 25.99 and a beta of 0.58. 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 50-day simple moving average of $66.14 and a 200 day simple moving average of $65.88.

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.