Bank of New York Mellon Corp Acquires 203,792 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Bank of New York Mellon Corp raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 10.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,229,653 shares of the company’s stock after purchasing an additional 203,792 shares during the quarter. Bank of New York Mellon Corp owned 3.75% of JPMorgan Hedged Equity Laddered Overlay ETF worth $142,497,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Milestone Investment Advisors LLC lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 4.6% during the 1st quarter. Milestone Investment Advisors LLC now owns 8,412 shares of the company’s stock worth $538,000 after buying an additional 372 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 14.8% during the first quarter. Geneos Wealth Management Inc. now owns 21,248 shares of the company’s stock worth $1,358,000 after acquiring an additional 2,742 shares in the last quarter. SouthState Bank Corp raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 6.6% during the first quarter. SouthState Bank Corp now owns 155,884 shares of the company’s stock worth $9,963,000 after acquiring an additional 9,708 shares in the last quarter. Bedel Financial Consulting Inc. lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 12.4% in the first quarter. Bedel Financial Consulting Inc. now owns 21,099 shares of the company’s stock worth $1,348,000 after acquiring an additional 2,328 shares during the last quarter. Finally, Vantage Point Financial LLC lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 55.2% in the first quarter. Vantage Point Financial LLC now owns 5,811 shares of the company’s stock worth $371,000 after acquiring an additional 2,068 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

HELO opened at $67.70 on Monday. The company has a market cap of $3.97 billion, a P/E ratio of 25.99 and a beta of 0.57. The company’s 50 day moving average is $67.72 and its 200-day moving average is $66.79. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $62.64 and a 1-year high of $68.40.

JPMorgan Hedged Equity Laddered Overlay ETF 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.