JPMorgan Hedged Equity Laddered Overlay ETF $HELO Position Cut by Private Advisor Group LLC

Private Advisor Group LLC decreased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 24.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 264,014 shares of the company’s stock after selling 87,101 shares during the quarter. Private Advisor Group LLC owned about 0.45% of JPMorgan Hedged Equity Laddered Overlay ETF worth $16,873,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Harbor Asset Planning Inc. boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 9.8% during the 1st quarter. Harbor Asset Planning Inc. now owns 1,705 shares of the company’s stock valued at $109,000 after purchasing an additional 152 shares during the period. Marks Group Wealth Management Inc increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 2.9% in the fourth quarter. Marks Group Wealth Management Inc now owns 6,006 shares of the company’s stock valued at $399,000 after purchasing an additional 167 shares during the period. Cornerstone Wealth Management LLC increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.0% in the fourth quarter. Cornerstone Wealth Management LLC now owns 4,209 shares of the company’s stock valued at $280,000 after purchasing an additional 200 shares during the period. N.E.W. Advisory Services LLC raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 12.2% during the fourth quarter. N.E.W. Advisory Services LLC now owns 1,963 shares of the company’s stock valued at $130,000 after buying an additional 213 shares during the last quarter. Finally, Clearstead Trust LLC raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 3.3% during the fourth quarter. Clearstead Trust LLC now owns 6,879 shares of the company’s stock valued at $457,000 after buying an additional 222 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of NYSEARCA HELO opened at $67.59 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $62.64 and a 12-month high of $68.28. The company has a market cap of $3.92 billion, a PE ratio of 25.99 and a beta of 0.57. The stock has a 50 day simple moving average of $67.60 and a 200-day simple moving average of $66.68.

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.