ProShares Russell 2000 High Income ETF $ITWO Shares Sold by MJP Associates Inc. ADV

MJP Associates Inc. ADV reduced its position in ProShares Russell 2000 High Income ETF (NYSEARCA:ITWO) by 34.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 13,797 shares of the company’s stock after selling 7,270 shares during the period. MJP Associates Inc. ADV’s holdings in ProShares Russell 2000 High Income ETF were worth $503,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in ITWO. Focus Partners Wealth lifted its stake in ProShares Russell 2000 High Income ETF by 64.3% in the first quarter. Focus Partners Wealth now owns 11,500 shares of the company’s stock valued at $414,000 after buying an additional 4,500 shares during the last quarter. Advisor OS LLC increased its holdings in shares of ProShares Russell 2000 High Income ETF by 51.0% in the 1st quarter. Advisor OS LLC now owns 21,067 shares of the company’s stock valued at $759,000 after acquiring an additional 7,112 shares during the period. Kingsview Wealth Management LLC raised its position in ProShares Russell 2000 High Income ETF by 212.1% in the 1st quarter. Kingsview Wealth Management LLC now owns 40,576 shares of the company’s stock valued at $1,462,000 after purchasing an additional 27,574 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in ProShares Russell 2000 High Income ETF by 37.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 275,000 shares of the company’s stock valued at $9,911,000 after purchasing an additional 75,000 shares during the last quarter. Hedge funds and other institutional investors own 52.36% of the company’s stock.

ProShares Russell 2000 High Income ETF Stock Performance

Shares of ProShares Russell 2000 High Income ETF stock opened at $38.36 on Friday. ProShares Russell 2000 High Income ETF has a 1 year low of $30.66 and a 1 year high of $44.54. The company has a market capitalization of $80.56 million, a P/E ratio of 24.13 and a beta of 1.80. The company’s fifty day moving average is $39.45 and its two-hundred day moving average is $37.37.

ProShares Russell 2000 High Income ETF Company Profile

The ProShares Russell 2000 High Income ETF (ITWO) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index that holds Russell 2000 stocks and sells daily call options on the same index. The fund primarily uses swaps to replicate the buy-write strategy in replicating returns of the sub-index.