YHB Investment Advisors Inc. Makes New Investment in JPMorgan Hedged Equity Laddered Overlay ETF $HELO

YHB Investment Advisors Inc. acquired a new position in JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) in the third quarter, HoldingsChannel.com reports. The fund acquired 28,914 shares of the company’s stock, valued at approximately $2,000,000.

Other hedge funds have also modified their holdings of the company. Taylor Securities Services Inc. purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at about $49,730,000. Cetera Investment Advisers boosted its position in JPMorgan Hedged Equity Laddered Overlay ETF by 70.8% during 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 in the last quarter. LPL Financial LLC grew its holdings in JPMorgan Hedged Equity Laddered Overlay ETF by 20.8% in the fourth quarter. LPL Financial LLC now owns 3,189,556 shares of the company’s stock valued at $211,882,000 after purchasing an additional 549,559 shares during the period. Apella Capital LLC purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the third quarter valued at approximately $18,534,000. Finally, Bank of America Corp DE raised its stake 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 buying an additional 206,013 shares during the period.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

JPMorgan Hedged Equity Laddered Overlay ETF stock traded down $0.23 during trading on Thursday, reaching $69.62. The company had a trading volume of 205,949 shares, compared to its average volume of 337,114. The firm has a market capitalization of $4.88 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 50-day simple moving average is $69.43 and its 200 day simple moving average is $67.87.

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.