SageGuard Financial Group LLC Buys New Stake 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) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 45,464 shares of the company’s stock, valued at approximately $1,805,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Focus Partners Wealth increased its position in ProShares Russell 2000 High Income ETF by 2.0% during the 3rd quarter. Focus Partners Wealth now owns 16,164 shares of the company’s stock valued at $637,000 after buying an additional 319 shares in the last quarter. Ulland Investment Advisors LLC acquired a new position in ProShares Russell 2000 High Income ETF during the 4th quarter valued at about $28,000. Stratos Wealth Partners LTD. increased its position in ProShares Russell 2000 High Income ETF by 26.3% during the 4th quarter. Stratos Wealth Partners LTD. now owns 11,525 shares of the company’s stock valued at $458,000 after buying an additional 2,400 shares in the last quarter. Advisor OS LLC increased its position in ProShares Russell 2000 High Income ETF by 29.5% during the 3rd quarter. Advisor OS LLC now owns 14,496 shares of the company’s stock valued at $572,000 after buying an additional 3,299 shares in the last quarter. Finally, PNC Financial Services Group Inc. acquired a new position in ProShares Russell 2000 High Income ETF during the 3rd quarter valued at about $197,000.

ProShares Russell 2000 High Income ETF Price Performance

Shares of BATS:ITWO opened at $43.59 on Tuesday. The business’s 50-day moving average is $40.95 and its 200 day moving average is $40.60. ProShares Russell 2000 High Income ETF has a 1 year low of $32.01 and a 1 year high of $43.66. The firm has a market capitalization of $56.67 million and a P/E ratio of 17.43.

About ProShares Russell 2000 High Income ETF

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.