CENTRAL TRUST Co acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 218,982 shares of the company’s stock, valued at approximately $15,147,000. CENTRAL TRUST Co owned about 0.31% of JPMorgan Hedged Equity Laddered Overlay ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently bought and sold shares of the company. Fifth Third Bancorp grew its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 40.4% during the 3rd quarter. Fifth Third Bancorp now owns 9,881 shares of the company’s stock valued at $683,000 after purchasing an additional 2,843 shares during the period. Renasant Bank purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 3rd quarter valued at about $1,256,000. Confluence Wealth Services Inc. increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 6.5% during the 3rd quarter. Confluence Wealth Services Inc. now owns 4,818 shares of the company’s stock valued at $333,000 after purchasing an additional 293 shares during the last quarter. Cpwa LLC increased its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 3.4% during the 3rd quarter. Cpwa LLC now owns 6,134 shares of the company’s stock valued at $429,000 after purchasing an additional 200 shares during the last quarter. Finally, Soundwatch Capital LLC lifted its stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 98.4% in the 3rd quarter. Soundwatch Capital LLC now owns 20,875 shares of the company’s stock worth $1,449,000 after purchasing an additional 10,353 shares during the period.
JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.9%
Shares of NYSEARCA:HELO opened at $69.15 on Thursday. The firm’s 50 day moving average price is $69.30 and its 200-day moving average price is $67.79. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $63.24 and a twelve month high of $70.23. The stock has a market capitalization of $4.87 billion, a PE ratio of 25.99 and a beta of 0.56.
About JPMorgan Hedged Equity Laddered Overlay ETF
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.
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