JPMorgan Hedged Equity Laddered Overlay ETF $HELO Holdings Increased by Pinnacle Wealth Management Advisory Group LLC

Pinnacle Wealth Management Advisory Group LLC lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 106.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 185,430 shares of the company’s stock after acquiring an additional 95,513 shares during the period. Pinnacle Wealth Management Advisory Group LLC owned 0.31% of JPMorgan Hedged Equity Laddered Overlay ETF worth $11,851,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Taylor Securities Services Inc. bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth approximately $49,730,000. LPL Financial LLC boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 20.8% during the 4th 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 boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 22.4% during the 3rd quarter. Bank of America Corp DE now owns 2,053,130 shares of the company’s stock valued at $133,453,000 after purchasing an additional 375,879 shares in the last quarter. Raymond James Financial Inc. boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% during the 4th quarter. Raymond James Financial Inc. now owns 1,742,174 shares of the company’s stock valued at $115,733,000 after purchasing an additional 365,572 shares in the last quarter. Finally, Ameriprise Financial Inc. acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at $21,635,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

HELO opened at $67.08 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $62.36 and a one year high of $68.28. The stock’s fifty day moving average is $67.55 and its 200-day moving average is $66.64. The company has a market capitalization of $3.99 billion, a PE ratio of 25.99 and a beta of 0.57.

About JPMorgan Hedged Equity Laddered Overlay ETF

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.