Arwa LLC Makes New $677,000 Investment in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Arwa LLC acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the fourth quarter, Holdings Channel reports. The fund acquired 10,187 shares of the company’s stock, valued at approximately $677,000.

Several other hedge funds and other institutional investors have also made changes to their positions in HELO. Marks Group Wealth Management Inc increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 2.9% during the fourth quarter. Marks Group Wealth Management Inc now owns 6,006 shares of the company’s stock valued at $399,000 after purchasing an additional 167 shares during the period. Cornerstone Wealth Management LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.0% in the 4th quarter. Cornerstone Wealth Management LLC now owns 4,209 shares of the company’s stock valued at $280,000 after purchasing an additional 200 shares during the period. N.E.W. Advisory Services LLC increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 12.2% in the 4th quarter. N.E.W. Advisory Services LLC now owns 1,963 shares of the company’s stock worth $130,000 after purchasing an additional 213 shares in the last quarter. Clearstead Trust LLC increased its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 3.3% in the 4th quarter. Clearstead Trust LLC now owns 6,879 shares of the company’s stock worth $457,000 after purchasing an additional 222 shares in the last quarter. Finally, Investment Advisory Group LLC boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 4.3% in the 4th quarter. Investment Advisory Group LLC now owns 6,023 shares of the company’s stock worth $400,000 after purchasing an additional 246 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of HELO opened at $67.92 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $61.77 and a fifty-two week high of $68.28. The company has a market capitalization of $4.04 billion, a price-to-earnings ratio of 25.99 and a beta of 0.57. The business’s 50-day moving average is $67.43 and its 200-day moving average is $66.60.

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.