Sprinkle Financial Consultants LLC Grows Stock Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Sprinkle Financial Consultants LLC boosted its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 63.1% during the third quarter, Holdings Channel reports. The institutional investor owned 55,888 shares of the company’s stock after buying an additional 21,613 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF makes up 2.0% of Sprinkle Financial Consultants LLC’s portfolio, making the stock its 14th biggest holding. Sprinkle Financial Consultants LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $3,633,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Osaic Holdings Inc. lifted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 1.1% during the 2nd quarter. Osaic Holdings Inc. now owns 3,008,402 shares of the company’s stock worth $188,270,000 after acquiring an additional 31,657 shares during the period. Envestnet Asset Management Inc. grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 14.5% in the second quarter. Envestnet Asset Management Inc. now owns 2,566,323 shares of the company’s stock valued at $160,517,000 after purchasing an additional 324,692 shares during the period. Forvis Mazars Wealth Advisors LLC grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 14.2% in the second quarter. Forvis Mazars Wealth Advisors LLC now owns 2,163,590 shares of the company’s stock valued at $135,397,000 after purchasing an additional 268,943 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in JPMorgan Hedged Equity Laddered Overlay ETF by 26.6% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 1,777,086 shares of the company’s stock worth $111,868,000 after purchasing an additional 373,033 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 24.9% during the second quarter. Bank of America Corp DE now owns 1,677,251 shares of the company’s stock worth $104,962,000 after purchasing an additional 334,184 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.8%

Shares of HELO opened at $66.29 on Friday. The firm has a market cap of $3.61 billion, a PE ratio of 25.99 and a beta of 0.58. The company’s fifty day moving average is $65.61 and its two-hundred day moving average is $64.27. JPMorgan Hedged Equity Laddered Overlay ETF has a fifty-two week low of $56.11 and a fifty-two week high of $66.73.

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.