Mach 1 Financial Group LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 64,376 shares of the company’s stock, valued at approximately $4,277,000. JPMorgan Hedged Equity Laddered Overlay ETF makes up about 0.9% of Mach 1 Financial Group LLC’s investment portfolio, making the stock its 26th biggest holding.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 22.4% in the third quarter. Bank of America Corp DE now owns 2,053,130 shares of the company’s stock valued at $133,453,000 after buying an additional 375,879 shares during the period. Ameriprise Financial Inc. acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at approximately $21,635,000. Leo Wealth LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at approximately $17,065,000. Bank of New York Mellon Corp boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 16.6% in the third quarter. Bank of New York Mellon Corp now owns 1,746,667 shares of the company’s stock valued at $113,533,000 after buying an additional 248,651 shares during the period. Finally, Forvis Mazars Wealth Advisors LLC boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 10.6% in the third quarter. Forvis Mazars Wealth Advisors LLC now owns 2,393,885 shares of the company’s stock valued at $155,603,000 after buying an additional 230,295 shares during the period.
JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.2%
JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $67.84 on Thursday. The stock has a market capitalization of $4.03 billion, a PE ratio of 25.99 and a beta of 0.59. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $60.29 and a twelve month high of $68.00. The company has a 50 day moving average of $66.05 and a 200-day moving average of $66.25.
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.
Featured Articles
- Five stocks we like better than JPMorgan Hedged Equity Laddered Overlay ETF
- The Palantir Paradox—Record Numbers and a Stock That Won’t Cooperate
- TJX Companies Fires on All Cylinders With 9% Revenue Growth
- From Zepbound to Foundayo: Lilly’s Latest Results Support Oral GLP-1 Outlook
- AI Consolidation Begins: Blackstone & Google Forge an AI Empire
Want to see what other hedge funds are holding HELO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO – Free Report).
Receive News & Ratings for JPMorgan Hedged Equity Laddered Overlay ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Hedged Equity Laddered Overlay ETF and related companies with MarketBeat.com's FREE daily email newsletter.
