PFG Investments LLC lessened its stake in shares of ProShares S&P 500 High Income ETF (NYSEARCA:ISPY – Free Report) by 11.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 119,668 shares of the company’s stock after selling 14,916 shares during the period. PFG Investments LLC’s holdings in ProShares S&P 500 High Income ETF were worth $5,398,000 as of its most recent filing with the SEC.
Several other institutional investors have also recently made changes to their positions in ISPY. North Star Investment Management Corp. purchased a new position in shares of ProShares S&P 500 High Income ETF during the 3rd quarter valued at about $45,000. Montag A & Associates Inc. bought a new stake in ProShares S&P 500 High Income ETF during the 2nd quarter worth approximately $68,000. Comerica Bank purchased a new position in ProShares S&P 500 High Income ETF during the first quarter valued at approximately $90,000. AdvisorNet Financial Inc lifted its holdings in ProShares S&P 500 High Income ETF by 91.6% during the second quarter. AdvisorNet Financial Inc now owns 2,142 shares of the company’s stock valued at $91,000 after purchasing an additional 1,024 shares in the last quarter. Finally, Brown Lisle Cummings Inc. bought a new position in shares of ProShares S&P 500 High Income ETF in the third quarter worth approximately $103,000.
ProShares S&P 500 High Income ETF Price Performance
Shares of ISPY stock opened at $46.16 on Friday. The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of 25.81 and a beta of 0.91. ProShares S&P 500 High Income ETF has a one year low of $35.81 and a one year high of $46.72. The company’s fifty day moving average price is $45.69 and its 200-day moving average price is $44.75.
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.
Further Reading
- Five stocks we like better than ProShares S&P 500 High Income ETF
- INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
- The $100 Trillion AI Story No One Is Telling You
- Trump’s AI Secret: 100X Faster Than Nvidia
- Buy This Stock at 9:30 AM on MONDAY!
- A U.S. “birthright” claim worth trillions – activated quietly
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 (NYSEARCA:ISPY – Free Report).
Receive News & Ratings for ProShares S&P 500 High Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares S&P 500 High Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
