Hughes Financial Services LLC Sells 22,123 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Hughes Financial Services LLC lowered its holdings in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 18.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 101,037 shares of the company’s stock after selling 22,123 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF accounts for about 1.1% of Hughes Financial Services LLC’s investment portfolio, making the stock its 17th biggest holding. Hughes Financial Services LLC owned 0.18% of JPMorgan Hedged Equity Laddered Overlay ETF worth $6,712,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC increased its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 20.8% in the 4th quarter. LPL Financial LLC now owns 3,189,556 shares of the company’s stock worth $211,882,000 after buying an additional 549,559 shares in the last quarter. Bank of America Corp DE lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 22.4% during the 3rd quarter. Bank of America Corp DE now owns 2,053,130 shares of the company’s stock valued at $133,453,000 after acquiring an additional 375,879 shares during the period. Bank of New York Mellon Corp lifted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 16.0% during the 4th quarter. Bank of New York Mellon Corp now owns 2,025,861 shares of the company’s stock valued at $134,578,000 after acquiring an additional 279,194 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,021,674 shares of the company’s stock valued at $135,392,000 after acquiring an additional 99,012 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 9.7% during the 2nd quarter. Raymond James Financial Inc. now owns 1,591,028 shares of the company’s stock valued at $99,566,000 after acquiring an additional 140,094 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.7%

Shares of HELO stock opened at $66.91 on Thursday. The company has a 50 day moving average price of $66.95 and a 200-day moving average price of $66.51. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $61.72 and a 52 week high of $68.22. The firm has a market capitalization of $3.98 billion, a PE ratio of 25.99 and a beta of 0.57.

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.