Royal Bank of Canada Sells 12,992 Shares of ProShares S&P 500 High Income ETF $ISPY

Royal Bank of Canada decreased its holdings in ProShares S&P 500 High Income ETF (BATS:ISPY) by 1.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 1,037,634 shares of the company’s stock after selling 12,992 shares during the period. Royal Bank of Canada owned approximately 0.05% of ProShares S&P 500 High Income ETF worth $44,982,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Morgan Stanley lifted its position in shares of ProShares S&P 500 High Income ETF by 29.0% during the 4th quarter. Morgan Stanley now owns 4,162,211 shares of the company’s stock worth $189,922,000 after buying an additional 935,443 shares during the last quarter. Raymond James Financial Inc. increased its position in ProShares S&P 500 High Income ETF by 13.3% during the 3rd quarter. Raymond James Financial Inc. now owns 1,879,053 shares of the company’s stock worth $84,764,000 after purchasing an additional 220,264 shares in the last quarter. Bank of America Corp DE lifted its stake in ProShares S&P 500 High Income ETF by 18.1% in the 3rd quarter. Bank of America Corp DE now owns 1,298,080 shares of the company’s stock valued at $58,556,000 after purchasing an additional 198,606 shares during the last quarter. LPL Financial LLC lifted its stake 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 purchasing an additional 202,221 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in ProShares S&P 500 High Income ETF by 56.7% in the fourth quarter. Wells Fargo & Company MN now owns 792,432 shares of the company’s stock valued at $36,159,000 after buying an additional 286,875 shares in the last quarter.

ProShares S&P 500 High Income ETF Stock Performance

BATS ISPY opened at $47.96 on Monday. The firm’s fifty day moving average price is $47.94 and its two-hundred day moving average price is $46.46. The stock has a market cap of $974.55 million, a PE ratio of 25.81 and a beta of 0.87. ProShares S&P 500 High Income ETF has a fifty-two week low of $42.10 and a fifty-two week high of $49.08.

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.