16,570 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO Acquired by Mechanics Bank Trust Department

Mechanics Bank Trust Department acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 16,570 shares of the company’s stock, valued at approximately $1,146,000.

A number of other institutional investors have also recently made changes to their positions in HELO. Forvis Mazars Wealth Advisors LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth about $251,123,000. Taylor Securities Services Inc. bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter valued at approximately $49,730,000. Cetera Investment Advisers boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 70.8% during the first quarter. Cetera Investment Advisers now owns 1,584,346 shares of the company’s stock valued at $101,256,000 after buying an additional 656,912 shares during the last quarter. Apella Capital LLC bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter valued at approximately $18,534,000. Finally, Bank of America Corp DE grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 9.3% during the 1st quarter. Bank of America Corp DE now owns 2,420,158 shares of the company’s stock valued at $154,672,000 after buying an additional 206,013 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.1%

NYSEARCA HELO traded down $0.09 during trading on Tuesday, hitting $69.89. 377,740 shares of the stock traded hands, compared to its average volume of 337,155. The company has a market capitalization of $4.89 billion, a P/E ratio of 25.99 and a beta of 0.56. The firm has a 50-day simple moving average of $69.52 and a 200-day simple moving average of $68.02. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $63.24 and a 12-month 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.