Birchwood Financial Partners Inc. Invests $613,000 in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Birchwood Financial Partners Inc. bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 9,220 shares of the company’s stock, valued at approximately $613,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Corient Private Wealth LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter valued at approximately $915,000. Raymond James Financial Inc. lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% during the 4th quarter. Raymond James Financial Inc. now owns 1,742,174 shares of the company’s stock valued at $115,733,000 after acquiring an additional 365,572 shares in the last quarter. SkyView Investment Advisors LLC lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 1,190.7% during the 4th quarter. SkyView Investment Advisors LLC now owns 85,288 shares of the company’s stock valued at $5,666,000 after acquiring an additional 78,680 shares in the last quarter. NewEdge Advisors LLC boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 58.9% during the 4th quarter. NewEdge Advisors LLC now owns 209,673 shares of the company’s stock worth $13,929,000 after purchasing an additional 77,710 shares during the period. Finally, Crusonia Wealth Advisors LLC acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at $6,663,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

NYSEARCA:HELO opened at $67.92 on Friday. The business’s 50-day moving average is $67.37 and its two-hundred day moving average is $66.59. The firm has a market capitalization of $4.04 billion, a PE ratio of 25.99 and a beta of 0.57. JPMorgan Hedged Equity Laddered Overlay ETF has a 12 month low of $61.77 and a 12 month 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.