JPMorgan Hedged Equity Laddered Overlay ETF $HELO is Orrstown Financial Services Inc.’s 9th Largest Position

Orrstown Financial Services Inc. raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 6.1% in the second quarter, Holdings Channel.com reports. The institutional investor owned 156,248 shares of the company’s stock after buying an additional 8,978 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF makes up about 1.6% of Orrstown Financial Services Inc.’s holdings, making the stock its 9th largest holding. Orrstown Financial Services Inc.’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $10,559,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Pinnacle Bancorp Inc. bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the 1st quarter worth approximately $29,000. Your Advocates Ltd. LLP purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter valued at approximately $29,000. HHM Wealth Advisors LLC bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the first quarter valued at $31,000. Gilpin Wealth Management LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter valued at approximately $34,000. Finally, High Note Wealth LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter valued at approximately $41,000.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $69.81 on Tuesday. The stock has a market cap of $4.72 billion, a price-to-earnings ratio of 25.99 and a beta of 0.56. The firm’s 50-day moving average is $67.93 and its two-hundred day moving average is $66.99. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $63.24 and a 1 year high of $69.93.

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.