JPMorgan Hedged Equity Laddered Overlay ETF $HELO Position Cut by WealthPLAN Partners LLC

WealthPLAN Partners LLC decreased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 18.1% in the 1st quarter, HoldingsChannel.com reports. The fund owned 92,584 shares of the company’s stock after selling 20,413 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF accounts for about 1.1% of WealthPLAN Partners LLC’s holdings, making the stock its 18th biggest holding. WealthPLAN Partners LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $5,917,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of HELO. Whittier Trust Co. of Nevada Inc. bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 1st quarter valued at about $255,000. Fortitude Advisory Group L.L.C. acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the first quarter valued at approximately $280,000. Koshinski Asset Management Inc. raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 13.9% during the first quarter. Koshinski Asset Management Inc. now owns 25,851 shares of the company’s stock valued at $1,652,000 after buying an additional 3,157 shares during the last quarter. Sierra Ocean LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 8.4% during the first quarter. Sierra Ocean LLC now owns 19,032 shares of the company’s stock worth $1,216,000 after buying an additional 1,473 shares during the period. Finally, USAdvisors Wealth Management LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7.5% during the first quarter. USAdvisors Wealth Management LLC now owns 122,850 shares of the company’s stock worth $7,780,000 after buying an additional 8,525 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of HELO stock opened at $67.84 on Wednesday. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $62.64 and a 12-month high of $68.28. The firm has a market capitalization of $3.93 billion, a price-to-earnings ratio of 25.99 and a beta of 0.57. The business has a 50 day simple moving average of $67.63 and a 200 day simple moving average of $66.71.

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.