JPMorgan Hedged Equity Laddered Overlay ETF $HELO Stake Cut by Western Wealth Management LLC

Western Wealth Management LLC trimmed its stake in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 48.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,061 shares of the company’s stock after selling 13,064 shares during the quarter. Western Wealth Management LLC’s holdings in JPMorgan Hedged Equity Laddered Overlay ETF were worth $899,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of HELO. Pinnacle Bancorp Inc. acquired a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 1st quarter valued at about $29,000. Your Advocates Ltd. LLP bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the 1st quarter worth $29,000. HHM Wealth Advisors LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 1st quarter worth about $31,000. Gilpin Wealth Management LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth approximately $34,000. Finally, High Note Wealth LLC bought a new stake in JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at $41,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Up 0.4%

HELO stock opened at $70.12 on Friday. JPMorgan Hedged Equity Laddered Overlay ETF has a twelve month low of $63.24 and a twelve month high of $70.18. The company has a market cap of $4.74 billion, a PE ratio of 25.99 and a beta of 0.56. The business’s 50-day simple moving average is $68.05 and its 200 day simple moving average is $67.06.

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.