Cyndeo Wealth Partners LLC Trims Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Cyndeo Wealth Partners LLC lessened its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 44.8% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 23,902 shares of the company’s stock after selling 19,371 shares during the period. Cyndeo Wealth Partners LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $1,588,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in HELO. Lakeridge Wealth Management LLC increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 13.2% during the fourth quarter. Lakeridge Wealth Management LLC now owns 20,891 shares of the company’s stock valued at $1,388,000 after buying an additional 2,439 shares during the last quarter. Ehrlich Financial Group grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 23.9% during the 4th quarter. Ehrlich Financial Group now owns 8,815 shares of the company’s stock valued at $586,000 after acquiring an additional 1,703 shares during the period. Grant Private Wealth Management Inc increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 4.1% in the 4th quarter. Grant Private Wealth Management Inc now owns 38,344 shares of the company’s stock worth $2,547,000 after purchasing an additional 1,517 shares in the last quarter. IFP Advisors Inc increased its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 11.9% in the 3rd quarter. IFP Advisors Inc now owns 26,251 shares of the company’s stock worth $1,706,000 after purchasing an additional 2,800 shares in the last quarter. Finally, Tcfg Wealth Management LLC bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter worth $205,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

NYSEARCA HELO opened at $64.28 on Monday. The business’s fifty day moving average is $66.48 and its 200 day moving average is $65.90. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $56.11 and a fifty-two week high of $67.60. The company has a market capitalization of $3.63 billion, a PE ratio of 25.99 and a beta of 0.58.

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.