Allegheny Financial Group Raises Holdings in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Allegheny Financial Group lifted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 238.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,852 shares of the company’s stock after purchasing an additional 28,075 shares during the quarter. Allegheny Financial Group owned 0.07% of JPMorgan Hedged Equity Laddered Overlay ETF worth $2,590,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. First Horizon Corp bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter worth about $48,000. Avion Wealth purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter valued at about $51,000. Assetmark Inc. boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 24.4% during the 2nd quarter. Assetmark Inc. now owns 893 shares of the company’s stock valued at $56,000 after acquiring an additional 175 shares during the last quarter. Root Financial Partners LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth approximately $78,000. Finally, Harbor Asset Planning Inc. bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the second quarter worth approximately $92,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.1%

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $67.22 on Wednesday. The company has a market cap of $3.79 billion, a price-to-earnings ratio of 25.99 and a beta of 0.58. The company’s 50 day moving average is $66.66 and its 200 day moving average is $65.41. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $56.11 and a twelve month high of $67.51.

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.