Capital Investment Advisors LLC trimmed its position in shares of ProShares S&P 500 High Income ETF (BATS:ISPY – Free Report) by 3.0% in the third quarter, HoldingsChannel reports. The firm owned 801,326 shares of the company’s stock after selling 24,553 shares during the period. Capital Investment Advisors LLC’s holdings in ProShares S&P 500 High Income ETF were worth $38,303,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. SageGuard Financial Group LLC lifted its position in ProShares S&P 500 High Income ETF by 192.7% in the first quarter. SageGuard Financial Group LLC now owns 113,123 shares of the company’s stock worth $4,904,000 after purchasing an additional 74,470 shares during the period. Bank of America Corp DE boosted its stake in shares of ProShares S&P 500 High Income ETF by 4.5% during the 1st quarter. Bank of America Corp DE now owns 1,436,711 shares of the company’s stock worth $62,281,000 after acquiring an additional 61,472 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its position in shares of ProShares S&P 500 High Income ETF by 4.2% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 1,047,800 shares of the company’s stock worth $50,493,000 after purchasing an additional 42,316 shares during the period. Wedbush Securities Inc. acquired a new position in shares of ProShares S&P 500 High Income ETF in the third quarter worth about $1,773,000. Finally, Patriot Financial Group Insurance Agency LLC boosted its holdings in shares of ProShares S&P 500 High Income ETF by 111.5% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 61,908 shares of the company’s stock worth $2,684,000 after buying an additional 32,631 shares during the period.
ProShares S&P 500 High Income ETF Stock Performance
Shares of BATS:ISPY opened at $47.51 on Friday. The firm has a 50 day simple moving average of $48.19 and a 200 day simple moving average of $47.75. ProShares S&P 500 High Income ETF has a 52 week low of $42.10 and a 52 week high of $49.25. The company has a market cap of $965.40 million, a PE ratio of 25.81 and a beta of 0.87.
ProShares S&P 500 High Income ETF Profile
The ProShares S&P 500 High Income ETF (ISPY) is an exchange-traded fund that is based on the S&P 500 Daily Covered Call index. The fund tracks an index pursuing a daily covered call writing strategy on the stocks of the S&P 500 Index. The fund seeks generate a high level of income combined with the performance returns of the S&P 500 Index over the long term. ISPY was launched on Dec 18, 2023 and is issued by ProShares.
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Want to see what other hedge funds are holding ISPY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares S&P 500 High Income ETF (BATS:ISPY – Free Report).
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