Beto Financial Group LLC Buys New Stake in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Beto Financial Group LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 70,829 shares of the company’s stock, valued at approximately $4,759,000. JPMorgan Hedged Equity Laddered Overlay ETF makes up approximately 3.3% of Beto Financial Group LLC’s portfolio, making the stock its 8th largest position.

Several other institutional investors also recently bought and sold shares of HELO. Cornerstone Wealth Management LLC grew its stake 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 worth $280,000 after buying an additional 200 shares in the last quarter. N.E.W. Advisory Services LLC grew its stake in shares of 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 buying an additional 213 shares in the last quarter. Clearstead Trust LLC grew its stake in shares of 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 buying an additional 222 shares in the last quarter. Investment Advisory Group LLC grew its stake in shares of 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 buying an additional 246 shares in the last quarter. Finally, CAP Partners LLC grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 3.3% in the 4th quarter. CAP Partners LLC now owns 8,484 shares of the company’s stock worth $564,000 after buying an additional 275 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.1%

Shares of NYSEARCA:HELO opened at $68.08 on Tuesday. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $61.03 and a 52 week high of $68.22. The stock has a market capitalization of $4.05 billion, a P/E ratio of 25.99 and a beta of 0.59. The firm has a fifty day simple moving average of $66.46 and a two-hundred day simple moving average of $66.39.

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.