Great Valley Advisor Group Inc. Sells 81,787 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Great Valley Advisor Group Inc. reduced its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 28.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 210,328 shares of the company’s stock after selling 81,787 shares during the quarter. Great Valley Advisor Group Inc. owned about 0.37% of JPMorgan Hedged Equity Laddered Overlay ETF worth $13,972,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Marks Group Wealth Management Inc raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 2.9% in the 4th quarter. Marks Group Wealth Management Inc now owns 6,006 shares of the company’s stock worth $399,000 after purchasing an additional 167 shares during the period. Cornerstone Wealth Management LLC increased its stake in 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 increased its stake in 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 increased its stake in 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. Finally, Investment Advisory Group LLC increased its stake in 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.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of HELO stock opened at $67.20 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $61.72 and a 52-week high of $68.22. The firm has a market capitalization of $3.99 billion, a PE ratio of 25.99 and a beta of 0.57. The stock has a fifty day simple moving average of $67.01 and a two-hundred day simple moving average of $66.53.

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.