Pinnacle Associates Ltd. Raises Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Pinnacle Associates Ltd. raised its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 58.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 75,622 shares of the company’s stock after buying an additional 27,832 shares during the period. Pinnacle Associates Ltd. owned about 0.14% of JPMorgan Hedged Equity Laddered Overlay ETF worth $4,915,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of HELO. Jane Street Group LLC grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 13.7% in the first quarter. Jane Street Group LLC now owns 80,796 shares of the company’s stock worth $4,822,000 after acquiring an additional 9,713 shares during the period. Assetmark Inc. lifted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 24.4% in the second quarter. Assetmark Inc. now owns 893 shares of the company’s stock valued at $56,000 after acquiring an additional 175 shares during the period. Bank of Montreal Can boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 7,854.2% in the second quarter. Bank of Montreal Can now owns 1,909 shares of the company’s stock worth $119,000 after purchasing an additional 1,885 shares during the last quarter. Hughes Financial Services LLC boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 7.9% in the second quarter. Hughes Financial Services LLC now owns 117,767 shares of the company’s stock worth $7,445,000 after purchasing an additional 8,660 shares during the last quarter. Finally, Vise Technologies Inc. bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter valued at about $992,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.4%

NYSEARCA HELO opened at $66.18 on Tuesday. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $56.11 and a 52 week high of $67.60. The firm has a market capitalization of $3.74 billion, a P/E ratio of 25.99 and a beta of 0.58. The company has a 50-day moving average price of $66.75 and a 200-day moving average price of $65.83.

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.