Maridea Wealth Management LLC grew its position in ProShares S&P 500 High Income ETF (BATS:ISPY – Free Report) by 29.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,163 shares of the company’s stock after buying an additional 15,429 shares during the quarter. Maridea Wealth Management LLC owned 0.34% of ProShares S&P 500 High Income ETF worth $2,955,000 at the end of the most recent quarter.
A number of other hedge funds have also made changes to their positions in the company. Capital Investment Advisors LLC increased its holdings in ProShares S&P 500 High Income ETF by 3.7% during the 4th quarter. Capital Investment Advisors LLC now owns 784,615 shares of the company’s stock valued at $35,802,000 after acquiring an additional 27,896 shares in the last quarter. Sherman Wealth Management LLC purchased a new stake in shares of ProShares S&P 500 High Income ETF in the fourth quarter valued at about $650,000. Prosperity Financial Group Inc. lifted its holdings in shares of ProShares S&P 500 High Income ETF by 27.8% in the fourth quarter. Prosperity Financial Group Inc. now owns 143,472 shares of the company’s stock valued at $6,547,000 after purchasing an additional 31,217 shares in the last quarter. PFG Investments LLC grew its position in shares of ProShares S&P 500 High Income ETF by 16.1% in the fourth quarter. PFG Investments LLC now owns 138,930 shares of the company’s stock valued at $6,339,000 after purchasing an additional 19,262 shares during the last quarter. Finally, PMG Family Office LLC acquired a new stake in shares of ProShares S&P 500 High Income ETF in the third quarter valued at approximately $1,470,000.
ProShares S&P 500 High Income ETF Price Performance
Shares of ISPY opened at $46.73 on Friday. The firm has a 50 day simple moving average of $47.57 and a 200-day simple moving average of $46.11. ProShares S&P 500 High Income ETF has a 1-year low of $41.89 and a 1-year high of $49.08. The stock has a market cap 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 Company 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. ISPY was launched on Dec 18, 2023 and is issued by ProShares.
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