JPMorgan Hedged Equity Laddered Overlay ETF $HELO Shares Bought by Compass Financial Services Inc

Compass Financial Services Inc raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 204.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 97,626 shares of the company’s stock after buying an additional 65,529 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF makes up approximately 2.7% of Compass Financial Services Inc’s holdings, making the stock its 12th largest holding. Compass Financial Services Inc owned about 0.16% of JPMorgan Hedged Equity Laddered Overlay ETF worth $6,239,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Pinnacle Bancorp Inc. purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 1st quarter valued at approximately $29,000. Your Advocates Ltd. LLP acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter worth $29,000. HHM Wealth Advisors LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter worth $31,000. Gilpin Wealth Management LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth $34,000. Finally, High Note Wealth LLC acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at $41,000.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 0.4%

Shares of HELO stock traded up $0.27 during mid-day trading on Friday, reaching $68.33. The stock had a trading volume of 157,555 shares, compared to its average volume of 316,340. The company has a market cap of $3.99 billion, a P/E ratio of 25.99 and a beta of 0.57. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $62.64 and a 12-month high of $68.35. The business has a 50-day simple moving average of $67.68 and a 200 day simple moving average of $66.75.

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.