Brookstone Capital Management Acquires 57,591 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Brookstone Capital Management lifted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 23.9% in the 1st quarter, Holdings Channel.com reports. The firm owned 298,189 shares of the company’s stock after acquiring an additional 57,591 shares during the quarter. Brookstone Capital Management’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $19,057,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HELO. Gilpin Wealth Management LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter valued at approximately $34,000. High Note Wealth LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth $41,000. Godfrey Financial Associates Inc. bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter valued at $60,000. Larson Financial Group LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at $58,000. Finally, Hantz Financial Services Inc. bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter valued at $60,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

HELO opened at $67.92 on Monday. The firm has a market cap of $4.04 billion, a price-to-earnings 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. The stock has a fifty day moving average price of $67.43 and a 200-day moving average price of $66.60.

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.