Bank of New York Mellon Corp boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO – Free Report) by 10.1% in the first quarter, Holdings Channel.com reports. The firm owned 2,229,653 shares of the company’s stock after purchasing an additional 203,792 shares during the quarter. Bank of New York Mellon Corp’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $142,497,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of HELO. Pinnacle Bancorp Inc. bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 1st quarter valued at approximately $29,000. Your Advocates Ltd. LLP bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 1st quarter worth approximately $29,000. HHM Wealth Advisors LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 1st quarter valued at approximately $31,000. Gilpin Wealth Management LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at approximately $34,000. Finally, High Note Wealth LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter valued at $41,000.
JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance
HELO stock opened at $67.70 on Monday. The company has a market capitalization of $3.97 billion, a P/E ratio of 25.99 and a beta of 0.57. The company has a fifty day moving average price of $67.72 and a 200-day moving average price of $66.79. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $62.64 and a 52-week high of $68.40.
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.
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Want to see what other hedge funds are holding HELO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO – Free Report).
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