Allegheny Financial Group Purchases 39,933 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Allegheny Financial Group increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 51.4% in the first quarter, HoldingsChannel reports. The institutional investor owned 117,678 shares of the company’s stock after purchasing an additional 39,933 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF accounts for 1.0% of Allegheny Financial Group’s portfolio, making the stock its 22nd biggest position. Allegheny Financial Group’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $7,521,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Gilpin Wealth Management LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at $34,000. High Note Wealth LLC acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at approximately $41,000. Godfrey Financial Associates Inc. bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth approximately $60,000. Larson Financial Group LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter valued at approximately $58,000. Finally, Hantz Financial Services Inc. acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter valued at approximately $60,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

HELO opened at $67.92 on Monday. JPMorgan Hedged Equity Laddered Overlay ETF has a 12 month low of $61.77 and a 12 month high of $68.28. The company has a fifty day simple moving average of $67.43 and a 200 day simple moving average of $66.60. The stock has a market cap of $4.04 billion, a P/E ratio of 25.99 and a beta of 0.57.

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.