WASHINGTON TRUST Co Makes New $811,000 Investment in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

WASHINGTON TRUST Co bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,725 shares of the company’s stock, valued at approximately $811,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in HELO. Forvis Mazars Wealth Advisors LLC acquired a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 3rd quarter worth approximately $251,123,000. Bank of America Corp DE increased its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 9.3% during the 1st quarter. Bank of America Corp DE now owns 2,420,158 shares of the company’s stock worth $154,672,000 after purchasing an additional 206,013 shares during the period. Bank of New York Mellon Corp raised its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 10.1% in the 1st quarter. Bank of New York Mellon Corp now owns 2,229,653 shares of the company’s stock valued at $142,497,000 after acquiring an additional 203,792 shares in the last quarter. Cetera Investment Advisers lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 70.8% in the first quarter. Cetera Investment Advisers now owns 1,584,346 shares of the company’s stock worth $101,256,000 after purchasing an additional 656,912 shares during the period. Finally, Peterson Wealth Advisors LLC boosted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 4.9% during the 3rd quarter. Peterson Wealth Advisors LLC now owns 769,019 shares of the company’s stock valued at $53,193,000 after acquiring an additional 36,083 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Down 0.4%

HELO stock opened at $68.83 on Friday. The business’s 50 day moving average is $69.44 and its 200-day moving average is $68.30. JPMorgan Hedged Equity Laddered Overlay ETF has a 1-year low of $63.24 and a 1-year high of $70.23. The firm has a market cap of $4.84 billion, a P/E ratio of 25.99 and a beta of 0.56.

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.