Garrett Wealth Advisory Group LLC grew its position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO – Free Report) by 2.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 316,008 shares of the company’s stock after buying an additional 7,700 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF accounts for approximately 3.3% of Garrett Wealth Advisory Group LLC’s investment portfolio, making the stock its 9th largest position. Garrett Wealth Advisory Group LLC owned 0.45% of JPMorgan Hedged Equity Laddered Overlay ETF worth $21,858,000 at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in HELO. Forvis Mazars Wealth Advisors LLC purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter valued at about $251,123,000. Bank of America Corp DE lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 9.3% during the first quarter. Bank of America Corp DE now owns 2,420,158 shares of the company’s stock worth $154,672,000 after purchasing an additional 206,013 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 10.1% during the 1st quarter. Bank of New York Mellon Corp now owns 2,229,653 shares of the company’s stock worth $142,497,000 after buying an additional 203,792 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 70.8% in the first quarter. Cetera Investment Advisers now owns 1,584,346 shares of the company’s stock worth $101,256,000 after acquiring an additional 656,912 shares in the last quarter. Finally, Peterson Wealth Advisors LLC boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 4.9% in the third quarter. Peterson Wealth Advisors LLC now owns 769,019 shares of the company’s stock valued at $53,193,000 after purchasing an additional 36,083 shares during the period.
JPMorgan Hedged Equity Laddered Overlay ETF Price Performance
Shares of NYSEARCA:HELO opened at $68.83 on Friday. The company’s fifty day moving average price is $69.44 and its 200 day moving average price is $68.30. The firm has a market capitalization of $4.84 billion, a P/E ratio of 25.99 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 12 month low of $63.24 and a 12 month high of $70.23.
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.
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