Sierra Ocean LLC decreased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO – Free Report) by 40.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 12,213 shares of the company’s stock after selling 8,239 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF makes up 0.5% of Sierra Ocean LLC’s portfolio, making the stock its 27th biggest position. Sierra Ocean LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $845,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Markowski Investments acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter valued at about $30,000. Vima LLC raised its position in JPMorgan Hedged Equity Laddered Overlay ETF by 20.7% in the third quarter. Vima LLC now owns 909 shares of the company’s stock worth $63,000 after purchasing an additional 156 shares in the last quarter. Signature Equity Partners LLC raised its position in JPMorgan Hedged Equity Laddered Overlay ETF by 38.8% in the first quarter. Signature Equity Partners LLC now owns 1,667 shares of the company’s stock worth $107,000 after purchasing an additional 466 shares in the last quarter. Oakworth Capital Inc. acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter worth about $137,000. Finally, Center for Financial Planning Inc. bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF during the third quarter worth about $149,000.
JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.2%
Shares of HELO opened at $67.94 on Friday. The company has a 50-day moving average price of $69.34 and a two-hundred day moving average price of $67.76. The stock has a market cap of $4.78 billion, a price-to-earnings 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.
JPMorgan Hedged Equity Laddered Overlay ETF Company 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.
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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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