LPL Financial LLC Purchases 549,559 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

LPL Financial LLC increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 20.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,189,556 shares of the company’s stock after acquiring an additional 549,559 shares during the period. LPL Financial LLC owned approximately 0.06% of JPMorgan Hedged Equity Laddered Overlay ETF worth $211,882,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of HELO. High Note Wealth LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth approximately $41,000. Larson Financial Group LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter worth approximately $58,000. Godfrey Financial Associates Inc. bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth approximately $60,000. Hantz Financial Services Inc. bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth approximately $60,000. Finally, Foster Dykema Cabot & Partners LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter worth $104,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of NYSEARCA:HELO opened at $67.37 on Wednesday. The company’s fifty day moving average price is $66.88 and its 200-day moving average price is $66.49. The firm has a market capitalization of $4.00 billion, a price-to-earnings ratio of 25.99 and a beta of 0.57. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $61.72 and a one year 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.