Wealthcare Advisory Partners LLC Buys New Stake in ProShares S&P 500 High Income ETF (NYSEARCA:ISPY)

Wealthcare Advisory Partners LLC purchased a new position in shares of ProShares S&P 500 High Income ETF (NYSEARCA:ISPY) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 12,687 shares of the company’s stock, valued at approximately $562,000. Wealthcare Advisory Partners LLC owned 0.55% of ProShares S&P 500 High Income ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Global Trust Asset Management LLC boosted its holdings in ProShares S&P 500 High Income ETF by 83.3% during the third quarter. Global Trust Asset Management LLC now owns 1,100 shares of the company’s stock worth $49,000 after buying an additional 500 shares in the last quarter. Chicago Partners Investment Group LLC boosted its stake in shares of ProShares S&P 500 High Income ETF by 11.6% during the 3rd 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 in the last quarter. AdvisorNet Financial Inc acquired a new position in shares of ProShares S&P 500 High Income ETF in the 4th quarter worth $65,000. Maia Wealth LLC acquired a new position in shares of ProShares S&P 500 High Income ETF in the 3rd quarter worth $219,000. Finally, SteelPeak Wealth LLC raised its position in shares of ProShares S&P 500 High Income ETF by 16.8% during the third quarter. SteelPeak Wealth LLC now owns 35,670 shares of the company’s stock worth $1,599,000 after purchasing an additional 5,120 shares during the period.

ProShares S&P 500 High Income ETF Trading Up 1.0 %

ISPY stock opened at $45.04 on Tuesday. ProShares S&P 500 High Income ETF has a one year low of $39.85 and a one year high of $46.83. The firm has a 50-day moving average of $45.14 and a two-hundred day moving average of $44.30. The firm has a market capitalization of $104.04 million, a PE ratio of 24.03 and a beta of 0.87.

ProShares S&P 500 High Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a dividend of $0.2171 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.