SageGuard Financial Group LLC Takes Position in ProShares Russell 2000 High Income ETF $ITWO

SageGuard Financial Group LLC bought a new stake in shares of ProShares Russell 2000 High Income ETF (BATS:ITWO) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 45,464 shares of the company’s stock, valued at approximately $1,805,000. SageGuard Financial Group LLC owned 1.34% of ProShares Russell 2000 High Income ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Prosperity Financial Group Inc. bought a new stake in shares of ProShares Russell 2000 High Income ETF during the fourth quarter valued at approximately $572,000. US Bancorp DE bought a new stake in shares of ProShares Russell 2000 High Income ETF during the third quarter valued at approximately $504,000. Raymond James Financial Inc. raised its stake in shares of ProShares Russell 2000 High Income ETF by 293.5% during the third quarter. Raymond James Financial Inc. now owns 42,004 shares of the company’s stock valued at $1,657,000 after acquiring an additional 31,330 shares in the last quarter. Stratos Wealth Partners LTD. bought a new stake in shares of ProShares Russell 2000 High Income ETF during the third quarter valued at approximately $360,000. Finally, PNC Financial Services Group Inc. bought a new stake in shares of ProShares Russell 2000 High Income ETF during the third quarter valued at approximately $197,000.

ProShares Russell 2000 High Income ETF Stock Performance

ProShares Russell 2000 High Income ETF stock opened at $43.59 on Tuesday. The company has a 50 day moving average price of $40.95 and a 200-day moving average price of $40.60. ProShares Russell 2000 High Income ETF has a fifty-two week low of $32.01 and a fifty-two week high of $43.66. The company has a market capitalization of $56.67 million and a PE ratio of 17.43.

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. ITWO was launched on Sep 4, 2024 and is issued by ProShares.