Commonwealth Equity Services LLC purchased a new position in ProShares S&P 500 High Income ETF (BATS:ISPY – Free Report) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 184,611 shares of the company’s stock, valued at approximately $8,824,000.
Several other institutional investors and hedge funds have also added to or reduced their stakes in ISPY. Chelsea Counsel Co. lifted its holdings in shares of ProShares S&P 500 High Income ETF by 71.4% in the 1st quarter. Chelsea Counsel Co. now owns 600 shares of the company’s stock worth $26,000 after purchasing an additional 250 shares in the last quarter. Western Wealth Management LLC bought a new stake in ProShares S&P 500 High Income ETF during the 1st quarter valued at $57,000. IFP Advisors Inc increased its stake in ProShares S&P 500 High Income ETF by 10.8% during the 3rd quarter. IFP Advisors Inc now owns 2,743 shares of the company’s stock valued at $131,000 after purchasing an additional 267 shares in the last quarter. Fifth Third Bancorp acquired a new position in ProShares S&P 500 High Income ETF during the first quarter worth $210,000. Finally, Maia Wealth LLC raised its holdings in ProShares S&P 500 High Income ETF by 28.5% during the third quarter. Maia Wealth LLC now owns 6,800 shares of the company’s stock worth $325,000 after buying an additional 1,507 shares during the last quarter.
ProShares S&P 500 High Income ETF Price Performance
Shares of BATS ISPY opened at $46.99 on Friday. The company has a 50-day moving average price of $47.82 and a 200-day moving average price of $47.07. The stock has a market capitalization of $1.14 billion, a P/E ratio of 25.49 and a beta of 0.86. ProShares S&P 500 High Income ETF has a 1 year low of $42.10 and a 1 year high of $49.25.
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. ISPY was launched on Dec 18, 2023 and is issued by ProShares.
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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 (BATS:ISPY – Free Report).
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