JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO – Get Free Report)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $68.40 and last traded at $68.36, with a volume of 163865 shares changing hands. The stock had previously closed at $68.15.
JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance
The company has a market capitalization of $3.97 billion, a PE ratio of 25.99 and a beta of 0.57. The firm’s 50-day simple moving average is $67.72 and its 200 day simple moving average is $66.79.
Institutional Trading of JPMorgan Hedged Equity Laddered Overlay ETF
A number of institutional investors have recently added to or reduced their stakes in HELO. Taylor Securities Services Inc. purchased a new stake in JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth $49,730,000. Cetera Investment Advisers grew its holdings in 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 valued at $101,256,000 after purchasing an additional 656,912 shares during the last quarter. LPL Financial LLC increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 20.8% in the fourth quarter. LPL Financial LLC now owns 3,189,556 shares of the company’s stock valued at $211,882,000 after buying an additional 549,559 shares in the last quarter. Bank of America Corp DE increased its position 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 in the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% in the fourth quarter. Raymond James Financial Inc. now owns 1,742,174 shares of the company’s stock valued at $115,733,000 after buying an additional 365,572 shares in the last quarter.
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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