Cary Street Partners Financial LLC Cuts Stock Holdings in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Cary Street Partners Financial LLC reduced its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 16.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 241,787 shares of the company’s stock after selling 49,188 shares during the period. Cary Street Partners Financial LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $16,062,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in HELO. High Note Wealth LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at about $41,000. Larson Financial Group LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at about $58,000. Hantz Financial Services Inc. purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at about $60,000. Foster Dykema Cabot & Partners LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at about $104,000. Finally, LRI Investments LLC purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the fourth quarter valued at about $126,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock opened at $67.75 on Tuesday. JPMorgan Hedged Equity Laddered Overlay ETF has a 12-month low of $60.29 and a 12-month high of $68.00. The stock has a market cap of $4.03 billion, a PE ratio of 25.99 and a beta of 0.59. The company has a 50-day moving average of $66.17 and a two-hundred day moving average of $66.30.

JPMorgan Hedged Equity Laddered Overlay ETF 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.