Gradient Investments LLC Cuts Stake in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Gradient Investments LLC lowered its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 70.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 233,843 shares of the company’s stock after selling 567,776 shares during the period. Gradient Investments LLC owned 0.43% of JPMorgan Hedged Equity Laddered Overlay ETF worth $15,534,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of HELO. First Horizon Corp purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter valued at $48,000. Larson Financial Group LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter worth $58,000. Root Financial Partners LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter worth $78,000. Foster Dykema Cabot & Partners LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at about $104,000. Finally, Ulland Investment Advisors LLC boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 14.5% during the 3rd quarter. Ulland Investment Advisors LLC now owns 2,370 shares of the company’s stock valued at $154,000 after purchasing an additional 300 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.7%

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $64.28 on Monday. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $56.11 and a twelve month high of $67.60. The business has a 50-day moving average price of $66.48 and a 200-day moving average price of $65.90. The firm has a market cap of $3.63 billion, a price-to-earnings 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.