Sherman Wealth Management LLC acquired a new stake in ProShares S&P 500 High Income ETF (BATS:ISPY – Free Report) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 16,439 shares of the company’s stock, valued at approximately $750,000.
Other large investors have also recently bought and sold shares of the company. North Star Investment Management Corp. acquired a new position in ProShares S&P 500 High Income ETF during the third quarter worth $45,000. Aptus Capital Advisors LLC acquired a new stake in shares of ProShares S&P 500 High Income ETF in the third quarter worth about $65,000. Comerica Bank lifted its position in shares of ProShares S&P 500 High Income ETF by 12,493.8% in the third quarter. Comerica Bank now owns 2,015 shares of the company’s stock worth $91,000 after buying an additional 1,999 shares during the last quarter. Brown Lisle Cummings Inc. bought a new stake in shares of ProShares S&P 500 High Income ETF during the 3rd quarter worth about $103,000. Finally, IFP Advisors Inc boosted its stake in shares of ProShares S&P 500 High Income ETF by 13.0% during the 3rd quarter. IFP Advisors Inc now owns 2,359 shares of the company’s stock worth $106,000 after acquiring an additional 272 shares in the last quarter.
ProShares S&P 500 High Income ETF Stock Performance
Shares of BATS ISPY opened at $42.32 on Monday. The business’s 50-day simple moving average is $45.30 and its 200-day simple moving average is $45.37. ProShares S&P 500 High Income ETF has a 52 week low of $35.81 and a 52 week high of $46.72. The firm has a market cap of $859.94 million, a price-to-earnings ratio of 25.81 and a beta of 0.87.
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.
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