Focus Partners Wealth Grows Stock Holdings in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Focus Partners Wealth raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 5.2% during the fourth quarter, HoldingsChannel reports. The firm owned 771,724 shares of the company’s stock after purchasing an additional 38,092 shares during the period. Focus Partners Wealth’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $50,539,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its position in JPMorgan Hedged Equity Laddered Overlay ETF by 20.8% during the fourth quarter. LPL Financial LLC now owns 3,189,556 shares of the company’s stock valued at $211,882,000 after purchasing an additional 549,559 shares in the last quarter. Bank of America Corp DE grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 22.4% during the third quarter. Bank of America Corp DE now owns 2,053,130 shares of the company’s stock valued at $133,453,000 after buying an additional 375,879 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 16.0% during the fourth quarter. Bank of New York Mellon Corp now owns 2,025,861 shares of the company’s stock valued at $134,578,000 after buying an additional 279,194 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,021,674 shares of the company’s stock valued at $135,392,000 after buying an additional 99,012 shares during the last quarter. Finally, Raymond James Financial Inc. grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 9.7% during the second quarter. Raymond James Financial Inc. now owns 1,591,028 shares of the company’s stock valued at $99,566,000 after buying an additional 140,094 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 0.9%

Shares of NYSEARCA:HELO opened at $67.96 on Tuesday. The stock’s 50-day moving average price is $67.15 and its 200-day moving average price is $66.55. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $61.72 and a 12-month high of $68.28. The stock has a market capitalization of $4.04 billion, a P/E ratio of 25.99 and a beta of 0.57.

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.