PFG Investments LLC Purchases 39,899 Shares of ProShares S&P 500 High Income ETF (NYSEARCA:ISPY)

PFG Investments LLC lifted its position in shares of ProShares S&P 500 High Income ETF (NYSEARCA:ISPY) by 68.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 98,368 shares of the company’s stock after purchasing an additional 39,899 shares during the period. PFG Investments LLC owned about 4.26% of ProShares S&P 500 High Income ETF worth $4,357,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in ISPY. Global Trust Asset Management LLC grew its holdings in shares of 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 purchasing an additional 500 shares during the last quarter. AdvisorNet Financial Inc bought a new stake in shares of ProShares S&P 500 High Income ETF during the fourth quarter worth about $65,000. Maia Wealth LLC bought a new stake in shares of ProShares S&P 500 High Income ETF during the third quarter worth about $219,000. Woodmont Investment Counsel LLC bought a new stake in ProShares S&P 500 High Income ETF in the third quarter valued at approximately $238,000. Finally, Chicago Partners Investment Group LLC boosted its holdings in ProShares S&P 500 High Income ETF by 11.6% in the third quarter. Chicago Partners Investment Group LLC now owns 6,869 shares of the company’s stock valued at $308,000 after acquiring an additional 712 shares during the last quarter.

ProShares S&P 500 High Income ETF Price Performance

Shares of ISPY stock opened at $45.82 on Monday. The business’s 50 day simple moving average is $45.17 and its 200 day simple moving average is $44.36. ProShares S&P 500 High Income ETF has a one year low of $39.85 and a one year high of $46.83. The stock has a market capitalization of $105.84 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 announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.2171 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.