Private Trust Co. NA purchased a new position in shares of ProShares S&P 500 High Income ETF (NYSEARCA:ISPY – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 3,798 shares of the company’s stock, valued at approximately $161,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brown Advisory Inc. acquired a new stake in ProShares S&P 500 High Income ETF during the 1st quarter worth $464,000. Advisor OS LLC increased its stake in ProShares S&P 500 High Income ETF by 34.2% in the first quarter. Advisor OS LLC now owns 149,255 shares of the company’s stock valued at $6,282,000 after purchasing an additional 38,047 shares during the period. Belpointe Asset Management LLC acquired a new position in ProShares S&P 500 High Income ETF in the first quarter valued at $327,000. Concurrent Investment Advisors LLC increased its stake in ProShares S&P 500 High Income ETF by 12.9% in the second quarter. Concurrent Investment Advisors LLC now owns 5,729 shares of the company’s stock valued at $243,000 after purchasing an additional 656 shares during the period. Finally, Mutual Advisors LLC acquired a new position in ProShares S&P 500 High Income ETF in the first quarter valued at $339,000.
ProShares S&P 500 High Income ETF Stock Performance
NYSEARCA ISPY opened at $45.46 on Wednesday. The firm has a market cap of $1.06 billion, a PE ratio of 25.81 and a beta of 0.87. 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’s fifty day moving average is $44.37 and its two-hundred day moving average is $42.11.
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.
Featured Articles
- Five stocks we like better than ProShares S&P 500 High Income ETF
- Insider Trading – What You Need to Know
- 2 Ways to Trade Qualcomm Ahead of November’s Earnings
- Insider Buying Explained: What Investors Need to Know
- Lululemon: 2 Signs the Bottom Is In, and 1 Sign It Isn’t
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Got 1K to Invest? These 3 Stocks Are Still Attractive Buys
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.