Pinnacle Associates Ltd. grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO – Free Report) by 53.1% in the 4th quarter, HoldingsChannel reports. The fund owned 115,803 shares of the company’s stock after buying an additional 40,181 shares during the period. Pinnacle Associates Ltd.’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $7,693,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Simmons Bank acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at $205,000. Western Wealth Management LLC acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth $1,802,000. Moneco Advisors LLC raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 5.8% during the fourth quarter. Moneco Advisors LLC now owns 113,994 shares of the company’s stock worth $7,573,000 after buying an additional 6,225 shares during the last quarter. CAP Partners LLC lifted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 3.3% in the fourth quarter. CAP Partners LLC now owns 8,484 shares of the company’s stock valued at $564,000 after buying an additional 275 shares in the last quarter. Finally, Purkiss Capital Advisors LLC lifted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7.7% in the fourth quarter. Purkiss Capital Advisors LLC now owns 35,434 shares of the company’s stock valued at $2,354,000 after buying an additional 2,526 shares in the last quarter.
JPMorgan Hedged Equity Laddered Overlay ETF Price Performance
Shares of NYSEARCA HELO opened at $67.88 on Friday. The company has a 50-day moving average price of $65.93 and a 200-day moving average price of $66.20. The stock has a market capitalization of $4.03 billion, a P/E ratio of 25.99 and a beta of 0.59. JPMorgan Hedged Equity Laddered Overlay ETF has a 1 year low of $60.29 and a 1 year high of $67.92.
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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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).
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