Pinnacle Wealth Management Advisory Group LLC Increases Stake in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Pinnacle Wealth Management Advisory Group LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 53.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 89,917 shares of the company’s stock after purchasing an additional 31,144 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $5,973,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of HELO. First Horizon Corp purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at about $48,000. Larson Financial Group LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at about $58,000. Root Financial Partners LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at about $78,000. Foster Dykema Cabot & Partners LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at about $104,000. Finally, N.E.W. Advisory Services LLC boosted its holdings 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.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA HELO opened at $67.54 on Monday. The firm’s 50-day moving average price is $65.78 and its 200-day moving average price is $66.05. The company has a market cap of $4.01 billion, a PE ratio of 25.99 and a beta of 0.59. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $59.43 and a 52-week high of $67.77.

JPMorgan Hedged Equity Laddered Overlay ETF Company 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.