JPMorgan Hedged Equity Laddered Overlay ETF $HELO Shares Bought by Cary Street Partners Investment Advisory LLC

Cary Street Partners Investment Advisory LLC grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 12,964.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 31,355 shares of the company’s stock after buying an additional 31,115 shares during the quarter. Cary Street Partners Investment Advisory LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $2,083,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of HELO. High Note Wealth LLC acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter valued at $41,000. Larson Financial Group LLC acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at $58,000. Hantz Financial Services Inc. purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at $60,000. Foster Dykema Cabot & Partners LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at $104,000. Finally, LRI Investments LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at $126,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

HELO opened at $67.75 on Tuesday. The stock has a fifty day moving average of $66.17 and a 200-day moving average of $66.30. The firm has a market capitalization of $4.03 billion, a P/E ratio of 25.99 and a beta of 0.59. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $60.29 and a 12-month high of $68.00.

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.