Skyline Advisors Inc. Buys 23,313 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Skyline Advisors Inc. lifted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 14.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 188,330 shares of the company’s stock after purchasing an additional 23,313 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF comprises about 4.2% of Skyline Advisors Inc.’s investment portfolio, making the stock its 9th biggest holding. Skyline Advisors Inc. owned about 0.35% of JPMorgan Hedged Equity Laddered Overlay ETF worth $12,241,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Jane Street Group LLC increased its holdings in 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 valued at $4,822,000 after buying an additional 9,713 shares during the last quarter. Assetmark Inc. lifted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 24.4% during the 2nd quarter. Assetmark Inc. now owns 893 shares of the company’s stock worth $56,000 after buying an additional 175 shares during the last quarter. Bank of Montreal Can grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7,854.2% in the 2nd quarter. Bank of Montreal Can now owns 1,909 shares of the company’s stock worth $119,000 after acquiring an additional 1,885 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter worth approximately $93,746,000. Finally, Pinnacle Wealth Management Advisory Group LLC increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 580.3% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 39,388 shares of the company’s stock valued at $2,465,000 after acquiring an additional 33,598 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Down 0.8%

HELO stock opened at $65.89 on Monday. The firm has a market cap of $3.72 billion, a P/E ratio of 25.99 and a beta of 0.58. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $56.11 and a 12-month high of $67.60. The stock’s 50 day simple moving average is $66.76 and its 200 day simple moving average is $65.81.

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.