ProShares S&P 500 High Income ETF $ISPY Shares Purchased by Patriot Financial Group Insurance Agency LLC
by Kim Johansen · The Markets DailyPatriot Financial Group Insurance Agency LLC boosted its holdings in shares of ProShares S&P 500 High Income ETF (BATS:ISPY – Free Report) by 111.5% in the 1st quarter, Holdings Channel.com reports. The fund owned 61,908 shares of the company’s stock after buying an additional 32,631 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in ProShares S&P 500 High Income ETF were worth $2,684,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Morgan Stanley lifted its stake in shares of ProShares S&P 500 High Income ETF by 29.0% in the 4th quarter. Morgan Stanley now owns 4,162,211 shares of the company’s stock valued at $189,922,000 after purchasing an additional 935,443 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of ProShares S&P 500 High Income ETF by 23.6% during the 2nd quarter. Raymond James Financial Inc. now owns 1,658,789 shares of the company’s stock worth $70,382,000 after purchasing an additional 316,261 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of ProShares S&P 500 High Income ETF by 56.7% during the 4th quarter. Wells Fargo & Company MN now owns 792,432 shares of the company’s stock worth $36,159,000 after purchasing an additional 286,875 shares during the last quarter. Sanctuary Advisors LLC raised its holdings in ProShares S&P 500 High Income ETF by 259.8% in the 4th quarter. Sanctuary Advisors LLC now owns 311,920 shares of the company’s stock valued at $14,233,000 after buying an additional 225,225 shares during the period. Finally, LPL Financial LLC raised its holdings in ProShares S&P 500 High Income ETF by 22.2% in the 4th quarter. LPL Financial LLC now owns 1,114,368 shares of the company’s stock valued at $50,849,000 after buying an additional 202,221 shares during the period.
ProShares S&P 500 High Income ETF Price Performance
BATS ISPY opened at $46.73 on Monday. The firm’s 50-day moving average is $47.57 and its two-hundred day moving average is $46.11. ProShares S&P 500 High Income ETF has a 12 month low of $41.89 and a 12 month high of $49.08. The stock has a market capitalization of $949.55 million, a P/E 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.
See Also
- Five stocks we like better than ProShares S&P 500 High Income ETF
- As Stablecoins Keep Growing, These 2 Stocks Benefit
- Apple Just Handed These 4 Memory Stocks Their Best News of the Year
- Costco’s Secret Growth Engine May Be Running Out of Gas
- Why Alphabet’s Pullback May Be an Opportunity in Disguise
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).