Hennion & Walsh Asset Management Inc. Has $50.49 Million Stock Holdings in ProShares S&P 500 High Income ETF $ISPY

Hennion & Walsh Asset Management Inc. increased its position in ProShares S&P 500 High Income ETF (BATS:ISPY) by 4.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,047,800 shares of the company’s stock after acquiring an additional 42,316 shares during the quarter. ProShares S&P 500 High Income ETF comprises approximately 1.4% of Hennion & Walsh Asset Management Inc.’s holdings, making the stock its 6th biggest position. Hennion & Walsh Asset Management Inc. owned about 5.16% of ProShares S&P 500 High Income ETF worth $50,493,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Chelsea Counsel Co. boosted its position in shares of ProShares S&P 500 High Income ETF by 71.4% in the first quarter. Chelsea Counsel Co. now owns 600 shares of the company’s stock worth $26,000 after purchasing an additional 250 shares during the period. NBC Securities Inc. bought a new stake in shares of ProShares S&P 500 High Income ETF during the 4th quarter valued at $27,000. Huntington National Bank bought a new stake in shares of ProShares S&P 500 High Income ETF during the 4th quarter valued at $34,000. Sarver Vrooman Wealth Advisors purchased a new position in shares of ProShares S&P 500 High Income ETF during the 4th quarter valued at $34,000. Finally, Mark Sheptoff Financial Planning LLC lifted its stake in shares of ProShares S&P 500 High Income ETF by 74.8% during the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 783 shares of the company’s stock valued at $36,000 after buying an additional 335 shares in the last quarter.

ProShares S&P 500 High Income ETF Stock Performance

Shares of ProShares S&P 500 High Income ETF stock opened at $48.87 on Friday. ProShares S&P 500 High Income ETF has a fifty-two week low of $42.10 and a fifty-two week high of $49.08. The company has a market capitalization of $993.04 million, a P/E ratio of 25.81 and a beta of 0.87. The company has a fifty day moving average of $47.93 and a 200 day moving average of $46.54.

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.