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

Leo Wealth LLC acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 256,911 shares of the company’s stock, valued at approximately $17,065,000. JPMorgan Hedged Equity Laddered Overlay ETF makes up 1.2% of Leo Wealth LLC’s portfolio, making the stock its 19th largest holding. Leo Wealth LLC owned 0.46% of JPMorgan Hedged Equity Laddered Overlay ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HELO. Osaic Holdings Inc. grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 1.1% during the second quarter. Osaic Holdings Inc. now owns 3,008,402 shares of the company’s stock valued at $188,270,000 after purchasing an additional 31,657 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of 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 worth $179,853,000 after buying an additional 200,643 shares during the last quarter. Forvis Mazars Wealth Advisors LLC lifted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 10.6% in the third 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. Bank of America Corp DE boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 22.4% during the 3rd quarter. Bank of America Corp DE now owns 2,053,130 shares of the company’s stock worth $133,453,000 after buying an additional 375,879 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,021,674 shares of the company’s stock worth $135,392,000 after buying an additional 99,012 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $64.13 on Monday. The firm has a market cap of $3.77 billion, a P/E ratio of 25.99 and a beta of 0.58. The firm’s 50-day simple moving average is $65.96 and its 200-day simple moving average is $65.85. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $56.11 and a twelve month high of $67.60.

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.