Birchwood Financial Partners Inc. Acquires New Position in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

Birchwood Financial Partners Inc. bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 9,220 shares of the company’s stock, valued at approximately $613,000.

Other institutional investors also recently made changes to their positions in the company. Marks Group Wealth Management Inc boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 2.9% during the 4th quarter. Marks Group Wealth Management Inc now owns 6,006 shares of the company’s stock valued at $399,000 after purchasing an additional 167 shares during the period. Cornerstone Wealth Management LLC grew its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 5.0% during the fourth quarter. Cornerstone Wealth Management LLC now owns 4,209 shares of the company’s stock worth $280,000 after acquiring an additional 200 shares during the last quarter. N.E.W. Advisory Services LLC lifted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 12.2% in the 4th quarter. N.E.W. Advisory Services LLC now owns 1,963 shares of the company’s stock valued at $130,000 after purchasing an additional 213 shares during the last quarter. Clearstead Trust LLC boosted its stake in JPMorgan Hedged Equity Laddered Overlay ETF by 3.3% during the 4th quarter. Clearstead Trust LLC now owns 6,879 shares of the company’s stock valued at $457,000 after purchasing an additional 222 shares during the period. Finally, Investment Advisory Group LLC grew its position in JPMorgan Hedged Equity Laddered Overlay ETF by 4.3% in the 4th quarter. Investment Advisory Group LLC now owns 6,023 shares of the company’s stock worth $400,000 after purchasing an additional 246 shares during the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 0.4%

HELO opened at $67.92 on Friday. The business’s 50 day moving average is $67.37 and its 200-day moving average is $66.59. The stock has a market cap of $4.04 billion, a PE ratio of 25.99 and a beta of 0.57. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $61.77 and a twelve month high of $68.28.

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.