ProShares S&P 500 High Income ETF $ISPY is Hennion & Walsh Asset Management Inc.’s 5th Largest Position

Hennion & Walsh Asset Management Inc. increased its stake in ProShares S&P 500 High Income ETF (BATS:ISPY) by 5.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 977,889 shares of the company’s stock after acquiring an additional 50,059 shares during the period. ProShares S&P 500 High Income ETF makes up about 1.5% of Hennion & Walsh Asset Management Inc.’s holdings, making the stock its 5th largest holding. Hennion & Walsh Asset Management Inc. owned about 3.83% of ProShares S&P 500 High Income ETF worth $44,621,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Comerica Bank purchased a new stake in ProShares S&P 500 High Income ETF during the 1st quarter worth about $90,000. NewEdge Advisors LLC boosted its stake in shares of ProShares S&P 500 High Income ETF by 26.6% in the 1st quarter. NewEdge Advisors LLC now owns 15,828 shares of the company’s stock valued at $666,000 after buying an additional 3,327 shares during the period. Focus Partners Wealth boosted its stake in shares of ProShares S&P 500 High Income ETF by 57.1% in the 1st quarter. Focus Partners Wealth now owns 11,000 shares of the company’s stock valued at $463,000 after buying an additional 4,000 shares during the period. Cetera Investment Advisers grew its position in shares of ProShares S&P 500 High Income ETF by 3.0% during the second quarter. Cetera Investment Advisers now owns 26,438 shares of the company’s stock worth $1,122,000 after buying an additional 763 shares in the last quarter. Finally, Bernardo Wealth Planning LLC grew its position in shares of ProShares S&P 500 High Income ETF by 445.8% during the second quarter. Bernardo Wealth Planning LLC now owns 43,699 shares of the company’s stock worth $1,854,000 after buying an additional 35,693 shares in the last quarter.

ProShares S&P 500 High Income ETF Stock Performance

ISPY stock opened at $42.32 on Monday. The company’s 50 day moving average price is $45.30 and its 200 day moving average price is $45.37. The firm has a market capitalization of $859.94 million, a price-to-earnings ratio of 25.81 and a beta of 0.87. ProShares S&P 500 High Income ETF has a fifty-two week low of $35.81 and a fifty-two week high of $46.72.

About ProShares S&P 500 High Income ETF

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.