Alaska Wealth Advisors Boosts Stake in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Alaska Wealth Advisors grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 1,166.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 69,112 shares of the company’s stock after acquiring an additional 63,655 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF comprises about 0.6% of Alaska Wealth Advisors’ portfolio, making the stock its 22nd biggest position. Alaska Wealth Advisors owned approximately 0.13% of JPMorgan Hedged Equity Laddered Overlay ETF worth $4,492,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 8.1% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 122,266 shares of the company’s stock valued at $7,947,000 after purchasing an additional 9,147 shares during the last quarter. Forvis Mazars Wealth Advisors LLC grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 10.6% in the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 2,393,885 shares of the company’s stock worth $155,603,000 after buying an additional 230,295 shares during the last quarter. Root Financial Partners LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter worth approximately $78,000. Tradewinds LLC. purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter valued at approximately $862,000. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 8.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,922,662 shares of the company’s stock valued at $124,935,000 after acquiring an additional 145,576 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 0.3%

Shares of HELO stock opened at $66.72 on Monday. The business’s fifty day simple moving average is $66.28 and its 200-day simple moving average is $65.09. The company has a market cap of $3.73 billion, a PE 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 $67.18.

JPMorgan Hedged Equity Laddered Overlay ETF Company 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.