Avestar Capital LLC Reduces Holdings in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Avestar Capital LLC reduced its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 61.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,814 shares of the company’s stock after selling 7,832 shares during the period. Avestar Capital LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $313,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Osaic Holdings Inc. boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 1.1% in the 2nd quarter. Osaic Holdings Inc. now owns 3,008,402 shares of the company’s stock valued at $188,270,000 after buying an additional 31,657 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 7.8% in the third quarter. Envestnet Asset Management Inc. now owns 2,766,966 shares of the company’s stock valued at $179,853,000 after purchasing an additional 200,643 shares during the last quarter. Forvis Mazars Wealth Advisors LLC grew its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 10.6% during the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 2,393,885 shares of the company’s stock valued at $155,603,000 after purchasing an additional 230,295 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 8.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,922,662 shares of the company’s stock worth $124,935,000 after purchasing an additional 145,576 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 16.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,746,667 shares of the company’s stock valued at $113,533,000 after purchasing an additional 248,651 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 0.5%

JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $67.03 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $56.11 and a 52 week high of $67.60. The stock has a market cap of $3.78 billion, a P/E ratio of 25.99 and a beta of 0.58. The stock has a 50 day moving average of $66.73 and a 200-day moving average of $65.58.

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.