Garrett Wealth Advisory Group LLC Acquires 7,700 Shares of JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Garrett Wealth Advisory Group LLC raised its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 2.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 316,008 shares of the company’s stock after purchasing an additional 7,700 shares during the quarter. JPMorgan Hedged Equity Laddered Overlay ETF comprises about 3.3% of Garrett Wealth Advisory Group LLC’s investment portfolio, making the stock its 9th largest position. Garrett Wealth Advisory Group LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $21,858,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of HELO. Smallwood Wealth Investment Management LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 19.7% during the second quarter. Smallwood Wealth Investment Management LLC now owns 106,768 shares of the company’s stock worth $7,215,000 after buying an additional 17,605 shares during the period. Valmark Advisers Inc. grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 523.8% in the first quarter. Valmark Advisers Inc. now owns 75,728 shares of the company’s stock worth $4,840,000 after buying an additional 63,589 shares during the last quarter. Apella Capital LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter valued at $18,534,000. USAdvisors Wealth Management LLC increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 7.5% in the first quarter. USAdvisors Wealth Management LLC now owns 122,850 shares of the company’s stock worth $7,780,000 after acquiring an additional 8,525 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC raised its position in JPMorgan Hedged Equity Laddered Overlay ETF by 99.2% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 62,736 shares of the company’s stock valued at $4,009,000 after buying an additional 31,246 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Down 0.4%

NYSEARCA HELO opened at $68.83 on Friday. The company has a market capitalization of $4.84 billion, a PE ratio of 25.99 and a beta of 0.56. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $63.24 and a 1-year high of $70.23. The firm’s fifty day simple moving average is $69.44 and its 200-day simple moving average is $68.30.

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.