Bluedoor Private Wealth LLC Purchases New Shares in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Bluedoor Private Wealth LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 110,085 shares of the company’s stock, valued at approximately $7,313,000. JPMorgan Hedged Equity Laddered Overlay ETF makes up about 3.4% of Bluedoor Private Wealth LLC’s investment portfolio, making the stock its 5th largest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. LPL Financial LLC increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 20.8% during the 4th quarter. LPL Financial LLC now owns 3,189,556 shares of the company’s stock valued at $211,882,000 after purchasing an additional 549,559 shares in the last quarter. Bank of America Corp DE increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 22.4% in the 3rd quarter. Bank of America Corp DE now owns 2,053,130 shares of the company’s stock valued at $133,453,000 after buying an additional 375,879 shares during the period. Bank of New York Mellon Corp increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 16.0% in the 4th quarter. Bank of New York Mellon Corp now owns 2,025,861 shares of the company’s stock valued at $134,578,000 after buying an additional 279,194 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,021,674 shares of the company’s stock valued at $135,392,000 after buying an additional 99,012 shares during the period. Finally, Raymond James Financial Inc. increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 9.7% in the 2nd quarter. Raymond James Financial Inc. now owns 1,591,028 shares of the company’s stock valued at $99,566,000 after buying an additional 140,094 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

NYSEARCA HELO opened at $67.96 on Tuesday. The stock has a fifty day moving average of $67.15 and a 200-day moving average of $66.55. The stock has a market capitalization of $4.04 billion, a P/E ratio of 25.99 and a beta of 0.57. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $61.72 and a 52 week high of $68.28.

JPMorgan Hedged Equity Laddered Overlay ETF 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.