Bank of New York Mellon Corp Buys 279,194 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Bank of New York Mellon Corp boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 16.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,025,861 shares of the company’s stock after purchasing an additional 279,194 shares during the quarter. Bank of New York Mellon Corp’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $134,578,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently modified their holdings of the business. Cornerstone Wealth Management LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.0% during the 4th quarter. Cornerstone Wealth Management LLC now owns 4,209 shares of the company’s stock valued at $280,000 after acquiring an additional 200 shares during the last quarter. N.E.W. Advisory Services LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 12.2% during the 4th quarter. N.E.W. Advisory Services LLC now owns 1,963 shares of the company’s stock valued at $130,000 after acquiring an additional 213 shares during the last quarter. Clearstead Trust LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 3.3% during the 4th quarter. Clearstead Trust LLC now owns 6,879 shares of the company’s stock valued at $457,000 after acquiring an additional 222 shares during the last quarter. Investment Advisory Group LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 4.3% during the 4th quarter. Investment Advisory Group LLC now owns 6,023 shares of the company’s stock valued at $400,000 after acquiring an additional 246 shares during the last quarter. Finally, CAP Partners LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 3.3% during the 4th quarter. CAP Partners LLC now owns 8,484 shares of the company’s stock valued at $564,000 after acquiring an additional 275 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Down 0.8%

Shares of HELO opened at $67.32 on Friday. The company has a market cap of $4.00 billion, a PE ratio of 25.99 and a beta of 0.57. The stock has a 50-day moving average price of $66.73 and a 200-day moving average price of $66.45. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $61.71 and a 12-month high of $68.22.

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.