Grant GrossMendelsohn LLC reduced its holdings in ProShares S&P 500 High Income ETF (NYSEARCA:ISPY – Free Report) by 5.3% in the 4th quarter, Holdings Channel reports. The fund owned 14,953 shares of the company’s stock after selling 829 shares during the period. Grant GrossMendelsohn LLC’s holdings in ProShares S&P 500 High Income ETF were worth $662,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Raymond James & Associates increased its stake in ProShares S&P 500 High Income ETF by 557.1% in the 3rd quarter. Raymond James & Associates now owns 585,463 shares of the company’s stock valued at $26,240,000 after buying an additional 496,359 shares during the period. Capital Investment Advisors LLC acquired a new position in shares of ProShares S&P 500 High Income ETF in the fourth quarter worth $11,903,000. Hennion & Walsh Asset Management Inc. raised its holdings in shares of ProShares S&P 500 High Income ETF by 18.5% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 1,105,781 shares of the company’s stock worth $48,975,000 after acquiring an additional 172,752 shares in the last quarter. Kingsview Wealth Management LLC acquired a new stake in ProShares S&P 500 High Income ETF during the third quarter valued at $2,647,000. Finally, Sanctuary Advisors LLC increased its position in ProShares S&P 500 High Income ETF by 105.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 88,736 shares of the company’s stock worth $4,032,000 after purchasing an additional 45,619 shares during the last quarter.
ProShares S&P 500 High Income ETF Stock Performance
NYSEARCA:ISPY opened at $45.04 on Friday. The company has a market capitalization of $104.04 million, a P/E ratio of 24.03 and a beta of 0.87. The stock’s 50 day moving average price is $45.15 and its 200 day moving average price is $44.28. ProShares S&P 500 High Income ETF has a 52 week low of $39.85 and a 52 week high of $46.83.
ProShares S&P 500 High Income ETF Cuts Dividend
ProShares S&P 500 High Income ETF Company 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.
Further Reading
- Five stocks we like better than ProShares S&P 500 High Income ETF
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- AI Demand Sparks Opportunities for These 3 Nuclear Energy Leaders
- Why Invest in 5G? How to Invest in 5G Stocks
- TSMC: Long-Term Outlook Still Strong as Geopolitical Risk Rises
- Stock Market Sectors: What Are They and How Many Are There?
- Uber’s NVIDIA Deal and Buybacks Signal Major Upside
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 (NYSEARCA:ISPY – Free Report).
Receive News & Ratings for ProShares S&P 500 High Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares S&P 500 High Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
