JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF
HEQQ
NASDAQ Global Select- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 383 Madison Avenue New York NY United States of America 10179
- IPO Date
- Mar 26, 2025
- Website
- am.jpmorgan.com
- Similar Companies
- Business
- JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) is an actively managed exchange-traded fund launched by J.P. Morgan Asset Management that seeks capital appreciation through a growth-focused portfolio of U.S. large- and mid-cap stocks benchmarked to the Nasdaq-100 Index, while employing a proprietary laddered options overlay strategy to hedge downside market risk and reduce overall volatility. The fund constructs its equity sleeve via a data science-enabled process to identify over- and undervalued stocks resembling Nasdaq-100 characteristics, primarily in growth and value segments across diversified market capitalizations; it holds options across multiple hedge periods for consistent exposure, aiming to capture a majority of the benchmark's upside with lower beta and tax efficiencies inherent to the ETF structure. Top holdings as of October 31, 2025, include NVIDIA Corp (11.0%), Microsoft Corp (9.2%), and Apple Inc (8.9%), with dominant sector allocations to Information Technology (56.9%) and Communication Services (14.4%). HEQQ operates within the equity hedged overlay segment of the investment management industry, targeting institutional and retail investors seeking Nasdaq-100 participation amid market uncertainty; it complements sibling funds like the JPMorgan Hedged Equity Laddered Overlay ETF (HELO) in J.P. Morgan's Hedged Equity suite. The fund, part of J.P. Morgan Exchange-Traded Fund Trust and domiciled in the United States, trades on the Nasdaq Stock Market under ticker HEQQ (CUSIP: 46654Q625) with net expenses of 0.500%; as of late 2025, assets under management stand at $30.59 million. Portfolio management is led by Hamilton Reiner (38 years experience, CIO of Core Equity Team and Head of U.S. Equity Derivatives), alongside Eric Moreau, Matt Bensen, and Judy Jansen. Launched on March 26, 2025, and headquartered in New York through J.P. Morgan Asset Management (a business of JPMorgan Chase & Co.), HEQQ represents the firm's strategic expansion into Nasdaq-focused active ETFs, announced via press release on March 27, 2025, to offer tech-oriented growth with mitigated risk. This debut follows the success of HELO and leverages J.P. Morgan's options expertise, with no reported acquisitions, funding rounds, or reorganizations specific to HEQQ in the past year; the fund maintains 93 holdings and a 30-day SEC yield of 0.20% as of October 31, 2025.