Hennion & Walsh Asset Management Inc. Purchases 50,059 Shares of ProShares S&P 500 High Income ETF $ISPY

Hennion & Walsh Asset Management Inc. lifted its position in shares of ProShares S&P 500 High Income ETF (BATS:ISPY) by 5.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 977,889 shares of the company’s stock after purchasing an additional 50,059 shares during the period. ProShares S&P 500 High Income ETF comprises about 1.5% of Hennion & Walsh Asset Management Inc.’s holdings, making the stock its 5th largest position. Hennion & Walsh Asset Management Inc.’s holdings in ProShares S&P 500 High Income ETF were worth $44,621,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. raised its stake in ProShares S&P 500 High Income ETF by 23.6% in the second quarter. Raymond James Financial Inc. now owns 1,658,789 shares of the company’s stock valued at $70,382,000 after buying an additional 316,261 shares in the last quarter. Bank of America Corp DE boosted its position in shares of ProShares S&P 500 High Income ETF by 18.1% during the 3rd quarter. Bank of America Corp DE now owns 1,298,080 shares of the company’s stock worth $58,556,000 after acquiring an additional 198,606 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of ProShares S&P 500 High Income ETF by 35.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 177,897 shares of the company’s stock valued at $8,025,000 after acquiring an additional 46,634 shares during the last quarter. Bernardo Wealth Planning LLC increased its holdings in shares of ProShares S&P 500 High Income ETF by 445.8% in the 2nd quarter. Bernardo Wealth Planning LLC now owns 43,699 shares of the company’s stock valued at $1,854,000 after acquiring an additional 35,693 shares during the last quarter. Finally, Maridea Wealth Management LLC acquired a new stake in shares of ProShares S&P 500 High Income ETF during the 3rd quarter worth about $1,529,000.

ProShares S&P 500 High Income ETF Price Performance

ISPY stock opened at $42.32 on Monday. The business has a 50 day moving average price of $45.30 and a 200 day moving average price of $45.37. The stock has a market cap 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.