WealthPlan Investment Management LLC Trims Holdings in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

WealthPlan Investment Management LLC decreased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 8.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 211,500 shares of the company’s stock after selling 20,045 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF comprises 0.9% of WealthPlan Investment Management LLC’s holdings, making the stock its 29th largest position. WealthPlan Investment Management LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $14,050,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in HELO. First Horizon Corp purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth approximately $48,000. Larson Financial Group LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth approximately $58,000. Root Financial Partners LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth approximately $78,000. Foster Dykema Cabot & Partners LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth approximately $104,000. Finally, LRI Investments LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth approximately $126,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $67.70 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a one year low of $60.29 and a one year high of $67.92. The company has a market cap of $4.02 billion, a price-to-earnings ratio of 25.99 and a beta of 0.59. The business’s 50 day moving average price is $65.96 and its 200 day moving average price is $66.21.

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.