Cary Street Partners Financial LLC Raises Stake in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Cary Street Partners Financial LLC boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 8.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 290,975 shares of the company’s stock after purchasing an additional 21,788 shares during the quarter. Cary Street Partners Financial LLC owned about 0.53% of JPMorgan Hedged Equity Laddered Overlay ETF worth $18,913,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. First Horizon Corp bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter worth approximately $48,000. Assetmark Inc. raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 24.4% during the second quarter. Assetmark Inc. now owns 893 shares of the company’s stock valued at $56,000 after buying an additional 175 shares during the last quarter. Root Financial Partners LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth $78,000. Key Financial Inc purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the second quarter worth $96,000. Finally, Bank of Montreal Can increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7,854.2% during the second quarter. Bank of Montreal Can now owns 1,909 shares of the company’s stock valued at $119,000 after acquiring an additional 1,885 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

HELO opened at $66.79 on Wednesday. The firm has a market cap of $3.77 billion, a PE ratio of 25.99 and a beta of 0.58. The stock has a 50-day moving average price of $66.75 and a 200-day moving average price of $65.66. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $56.11 and a 1 year high of $67.60.

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.