ProShares S&P 500 High Income ETF (NYSEARCA:ISPY) Shares Acquired by Maxwell Wealth Strategies Inc.

Maxwell Wealth Strategies Inc. boosted its holdings in ProShares S&P 500 High Income ETF (NYSEARCA:ISPY) by 36.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,929 shares of the company’s stock after purchasing an additional 6,381 shares during the quarter. Maxwell Wealth Strategies Inc. owned about 1.04% of ProShares S&P 500 High Income ETF worth $1,062,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Global Trust Asset Management LLC boosted its position in shares of ProShares S&P 500 High Income ETF by 83.3% in the 3rd quarter. Global Trust Asset Management LLC now owns 1,100 shares of the company’s stock valued at $49,000 after purchasing an additional 500 shares during the period. Chicago Partners Investment Group LLC grew its position in shares of ProShares S&P 500 High Income ETF by 11.6% during the third quarter. Chicago Partners Investment Group LLC now owns 6,869 shares of the company’s stock worth $308,000 after acquiring an additional 712 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of ProShares S&P 500 High Income ETF during the second quarter worth approximately $124,000. Maia Wealth LLC acquired a new position in shares of ProShares S&P 500 High Income ETF in the 3rd quarter valued at $219,000. Finally, SteelPeak Wealth LLC raised its position in ProShares S&P 500 High Income ETF by 16.8% in the 3rd quarter. SteelPeak Wealth LLC now owns 35,670 shares of the company’s stock valued at $1,599,000 after purchasing an additional 5,120 shares during the last quarter.

ProShares S&P 500 High Income ETF Stock Performance

Shares of ProShares S&P 500 High Income ETF stock opened at $44.60 on Friday. The company has a market capitalization of $103.03 million, a P/E ratio of 24.03 and a beta of 0.87. ProShares S&P 500 High Income ETF has a 1 year low of $39.61 and a 1 year high of $46.83. The company’s fifty day moving average is $44.52 and its two-hundred day moving average is $43.51.

ProShares S&P 500 High Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, September 10th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.6198 per share. The ex-dividend date was Tuesday, September 3rd. This is a positive change from ProShares S&P 500 High Income ETF’s previous dividend of $0.45.

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.