Advisor OS LLC Increases Position in ProShares S&P 500 High Income ETF (NYSEARCA:ISPY)

Advisor OS LLC lifted its position in shares of ProShares S&P 500 High Income ETF (NYSEARCA:ISPYFree Report) by 66.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 111,208 shares of the company’s stock after buying an additional 44,494 shares during the quarter. ProShares S&P 500 High Income ETF makes up 0.6% of Advisor OS LLC’s holdings, making the stock its 27th largest holding. Advisor OS LLC owned 4.81% of ProShares S&P 500 High Income ETF worth $4,925,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of ISPY. AdvisorNet Financial Inc bought a new stake in ProShares S&P 500 High Income ETF during the fourth quarter valued at about $65,000. Foundations Investment Advisors LLC purchased a new stake in shares of ProShares S&P 500 High Income ETF during the fourth quarter worth about $216,000. Maia Wealth LLC bought a new stake in ProShares S&P 500 High Income ETF during the 3rd quarter valued at approximately $219,000. CAP Partners LLC purchased a new position in ProShares S&P 500 High Income ETF in the 4th quarter worth approximately $231,000. Finally, Woodmont Investment Counsel LLC bought a new position in ProShares S&P 500 High Income ETF in the 3rd quarter worth approximately $238,000.

ProShares S&P 500 High Income ETF Price Performance

Shares of ISPY opened at $44.45 on Wednesday. The firm has a market cap of $651.19 million, a P/E ratio of 27.17 and a beta of 0.87. ProShares S&P 500 High Income ETF has a 1 year low of $39.85 and a 1 year high of $46.83. The company has a 50 day simple moving average of $45.01 and a two-hundred day simple moving average of $44.71.

ProShares S&P 500 High Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, February 7th. Shareholders of record on Monday, February 3rd were issued a $0.3259 dividend. This is an increase from ProShares S&P 500 High Income ETF’s previous dividend of $0.22. The ex-dividend date was Monday, February 3rd.

ProShares S&P 500 High Income ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for ProShares S&P 500 High Income ETF (NYSEARCA:ISPY)

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