8,239 JPMorgan Hedged Equity Laddered Overlay ETF $HELO Shares Sold by Sierra Ocean LLC

Sierra Ocean LLC trimmed its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 40.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,213 shares of the company’s stock after selling 8,239 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF comprises about 0.5% of Sierra Ocean LLC’s investment portfolio, making the stock its 27th biggest position. Sierra Ocean LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $845,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of HELO. Forvis Mazars Wealth Advisors LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter valued at about $251,123,000. Bank of America Corp DE lifted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 9.3% in the first 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 during the period. Bank of New York Mellon Corp grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 10.1% during the first quarter. Bank of New York Mellon Corp now owns 2,229,653 shares of the company’s stock worth $142,497,000 after buying an additional 203,792 shares in the last quarter. Cetera Investment Advisers grew its position 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 worth $101,256,000 after buying an additional 656,912 shares in the last quarter. Finally, Peterson Wealth Advisors LLC grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 4.9% during the third quarter. Peterson Wealth Advisors LLC now owns 769,019 shares of the company’s stock worth $53,193,000 after buying an additional 36,083 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.2%

Shares of HELO opened at $67.94 on Friday. The stock’s 50-day moving average price is $69.34 and its 200 day moving average price is $67.76. The firm has a market capitalization of $4.78 billion, a price-to-earnings ratio of 25.99 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $63.24 and a 12-month high of $70.23.

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.