Balentine LLC Takes Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Balentine LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 15,622 shares of the company’s stock, valued at approximately $1,015,000.

Several other institutional investors have also recently added to or reduced their stakes in HELO. HTG Investment Advisors Inc. boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 2.6% in the 3rd quarter. HTG Investment Advisors Inc. now owns 249,083 shares of the company’s stock valued at $16,190,000 after buying an additional 6,400 shares during the period. Sierra Ocean LLC boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 3,159.0% in the third quarter. Sierra Ocean LLC now owns 16,197 shares of the company’s stock valued at $1,053,000 after acquiring an additional 15,700 shares during the period. Ameritas Advisory Services LLC grew its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 106.2% during the third quarter. Ameritas Advisory Services LLC now owns 68,450 shares of the company’s stock valued at $4,449,000 after purchasing an additional 35,250 shares during the last quarter. CENTRAL TRUST Co raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 0.4% during the 3rd quarter. CENTRAL TRUST Co now owns 223,299 shares of the company’s stock worth $14,514,000 after purchasing an additional 857 shares during the period. Finally, Financial Advocates Investment Management lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 12.7% in the 3rd quarter. Financial Advocates Investment Management now owns 12,294 shares of the company’s stock worth $799,000 after purchasing an additional 1,382 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

Shares of HELO opened at $66.57 on Tuesday. JPMorgan Hedged Equity Laddered Overlay ETF has a 12 month low of $56.11 and a 12 month high of $67.60. The stock has a fifty day moving average price of $66.70 and a 200 day moving average price of $65.51. The company has a market cap of $3.76 billion, a P/E ratio of 25.99 and a beta of 0.58.

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.