Saxony Capital Management LLC Purchases New Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Saxony Capital Management LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 10,183 shares of the company’s stock, valued at approximately $704,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. WealthPLAN Partners LLC bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter valued at approximately $4,967,000. WealthPlan Investment Management LLC boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 17.0% in the third quarter. WealthPlan Investment Management LLC now owns 228,935 shares of the company’s stock valued at $15,835,000 after buying an additional 33,263 shares in the last quarter. Alliance Wealth Advisors LLC grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 26.0% during the third quarter. Alliance Wealth Advisors LLC now owns 4,850 shares of the company’s stock worth $335,000 after buying an additional 1,000 shares during the last quarter. Signal Advisors Wealth LLC grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 65.6% during the third quarter. Signal Advisors Wealth LLC now owns 43,578 shares of the company’s stock worth $3,014,000 after buying an additional 17,258 shares during the last quarter. Finally, Mechanics Bank Trust Department bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth $1,146,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of NYSEARCA:HELO opened at $69.67 on Friday. The company has a fifty day moving average of $69.51 and a 200-day moving average of $68.10. The company has a market capitalization of $4.88 billion, a PE ratio of 25.99 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 52-week low of $63.24 and a 52-week high of $70.23.

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.