Pitti Group Wealth Management LLC Has $1.36 Million Stock Position in ProShares S&P 500 High Income ETF $ISPY

Pitti Group Wealth Management LLC increased its position in shares of ProShares S&P 500 High Income ETF (NYSEARCA:ISPY) by 6.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,140 shares of the company’s stock after acquiring an additional 2,029 shares during the quarter. ProShares S&P 500 High Income ETF accounts for about 1.2% of Pitti Group Wealth Management LLC’s holdings, making the stock its 21st largest position. Pitti Group Wealth Management LLC’s holdings in ProShares S&P 500 High Income ETF were worth $1,364,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Signature Wealth Management Partners LLC boosted its stake in ProShares S&P 500 High Income ETF by 4.5% in the 1st quarter. Signature Wealth Management Partners LLC now owns 6,463 shares of the company’s stock worth $272,000 after purchasing an additional 280 shares during the period. Morse Asset Management Inc boosted its position in shares of ProShares S&P 500 High Income ETF by 1.8% in the first quarter. Morse Asset Management Inc now owns 28,380 shares of the company’s stock worth $1,195,000 after buying an additional 515 shares during the period. AdvisorNet Financial Inc grew its holdings in shares of 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 buying an additional 1,024 shares in the last quarter. Essex Financial Services Inc. raised its position in ProShares S&P 500 High Income ETF by 11.1% during the first quarter. Essex Financial Services Inc. now owns 12,700 shares of the company’s stock valued at $535,000 after buying an additional 1,264 shares during the period. Finally, BKM Wealth Management LLC raised its position in ProShares S&P 500 High Income ETF by 14.0% during the first quarter. BKM Wealth Management LLC now owns 12,937 shares of the company’s stock valued at $545,000 after buying an additional 1,584 shares during the period.

ProShares S&P 500 High Income ETF Trading Down 0.4%

Shares of NYSEARCA ISPY opened at $44.72 on Thursday. ProShares S&P 500 High Income ETF has a one year low of $35.81 and a one year high of $46.83. The firm has a market capitalization of $940.91 million, a PE ratio of 25.81 and a beta of 0.87. The business has a 50-day moving average price of $43.66 and a two-hundred day moving average price of $41.72.

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.