Avaii Wealth Management LLC Lowers Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Avaii Wealth Management LLC reduced its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 7.0% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 129,688 shares of the company’s stock after selling 9,817 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF accounts for approximately 3.1% of Avaii Wealth Management LLC’s portfolio, making the stock its 10th largest holding. Avaii Wealth Management LLC owned 0.24% of JPMorgan Hedged Equity Laddered Overlay ETF worth $8,615,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in HELO. CoreCap Advisors LLC grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 14.6% during the 4th quarter. CoreCap Advisors LLC now owns 5,261 shares of the company’s stock valued at $349,000 after acquiring an additional 670 shares during the period. DAVENPORT & Co LLC raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 6.1% in the 4th quarter. DAVENPORT & Co LLC now owns 38,395 shares of the company’s stock worth $2,551,000 after purchasing an additional 2,212 shares during the period. Focus Financial Network Inc. purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at approximately $251,000. Peterson Wealth Advisors LLC lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 8.6% in the fourth quarter. Peterson Wealth Advisors LLC now owns 684,554 shares of the company’s stock valued at $45,475,000 after purchasing an additional 54,301 shares during the last quarter. Finally, Breakwater Capital Group grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 4.4% during the fourth quarter. Breakwater Capital Group now owns 14,961 shares of the company’s stock valued at $994,000 after purchasing an additional 631 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Price Performance

NYSEARCA:HELO opened at $63.90 on Friday. The business has a fifty day simple moving average of $66.28 and a two-hundred day simple moving average of $65.88. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $56.11 and a 1 year high of $67.60. The company has a market capitalization of $3.61 billion, a P/E ratio of 25.99 and a beta of 0.58.

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.