HighTower Advisors LLC Sells 323,782 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

HighTower Advisors LLC trimmed its position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 26.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 905,411 shares of the company’s stock after selling 323,782 shares during the quarter. HighTower Advisors LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $58,857,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in HELO. Sierra Ocean LLC lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 3,159.0% during the third quarter. Sierra Ocean LLC now owns 16,197 shares of the company’s stock worth $1,053,000 after buying an additional 15,700 shares in the last quarter. Ameritas Advisory Services LLC increased its position in JPMorgan Hedged Equity Laddered Overlay ETF by 106.2% during the third quarter. Ameritas Advisory Services LLC now owns 68,450 shares of the company’s stock worth $4,449,000 after acquiring an additional 35,250 shares during the period. CENTRAL TRUST Co raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 0.4% in the 3rd quarter. CENTRAL TRUST Co now owns 223,299 shares of the company’s stock worth $14,514,000 after purchasing an additional 857 shares in the last quarter. Financial Advocates Investment Management boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 12.7% in the 3rd quarter. Financial Advocates Investment Management now owns 12,294 shares of the company’s stock valued at $799,000 after purchasing an additional 1,382 shares during the period. Finally, Atria Investments Inc grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 14.1% during the 3rd quarter. Atria Investments Inc now owns 68,465 shares of the company’s stock worth $4,450,000 after purchasing an additional 8,473 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Down 0.2%

Shares of HELO opened at $66.57 on Tuesday. JPMorgan Hedged Equity Laddered Overlay ETF has a 12 month low of $56.11 and a 12 month high of $67.60. The firm’s 50 day moving average is $66.70 and its 200-day moving average is $65.51. The stock has a market capitalization of $3.76 billion, a PE ratio of 25.99 and a beta of 0.58.

JPMorgan Hedged Equity Laddered Overlay ETF Company 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.