SageGuard Financial Group LLC lifted its stake in ProShares S&P 500 High Income ETF (BATS:ISPY – Free Report) by 192.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 113,123 shares of the company’s stock after acquiring an additional 74,470 shares during the period. SageGuard Financial Group LLC owned 0.56% of ProShares S&P 500 High Income ETF worth $4,904,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also made changes to their positions in ISPY. Comerica Bank acquired a new position in shares of ProShares S&P 500 High Income ETF during the first quarter valued at approximately $90,000. NewEdge Advisors LLC lifted its position in ProShares S&P 500 High Income ETF by 26.6% in the first quarter. NewEdge Advisors LLC now owns 15,828 shares of the company’s stock worth $666,000 after purchasing an additional 3,327 shares during the period. Focus Partners Wealth boosted its stake in ProShares S&P 500 High Income ETF by 57.1% during the 1st quarter. Focus Partners Wealth now owns 11,000 shares of the company’s stock valued at $463,000 after purchasing an additional 4,000 shares in the last quarter. Raymond James Financial Inc. boosted its stake in ProShares S&P 500 High Income ETF by 23.6% during the 2nd quarter. Raymond James Financial Inc. now owns 1,658,789 shares of the company’s stock valued at $70,382,000 after purchasing an additional 316,261 shares in the last quarter. Finally, Journey Strategic Wealth LLC boosted its stake in ProShares S&P 500 High Income ETF by 278.6% during the third quarter. Journey Strategic Wealth LLC now owns 35,383 shares of the company’s stock valued at $1,596,000 after buying an additional 26,037 shares in the last quarter.
ProShares S&P 500 High Income ETF Stock Performance
Shares of BATS ISPY opened at $46.73 on Monday. The firm has a 50-day moving average of $47.57 and a two-hundred day moving average of $46.11. The company has a market capitalization of $949.55 million, a price-to-earnings ratio of 25.81 and a beta of 0.87. ProShares S&P 500 High Income ETF has a twelve month low of $41.89 and a twelve month 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.
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