Signature Wealth Management Partners LLC Purchases Shares of 6,183 ProShares S&P 500 High Income ETF (NYSEARCA:ISPY)

Signature Wealth Management Partners LLC purchased a new stake in ProShares S&P 500 High Income ETF (NYSEARCA:ISPY) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 6,183 shares of the company’s stock, valued at approximately $274,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. SteelPeak Wealth LLC grew its stake in ProShares S&P 500 High Income ETF by 0.8% in the 4th quarter. SteelPeak Wealth LLC now owns 35,950 shares of the company’s stock valued at $1,592,000 after buying an additional 280 shares during the last quarter. Patriot Financial Group Insurance Agency LLC grew its position in shares of ProShares S&P 500 High Income ETF by 13.4% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 20,364 shares of the company’s stock valued at $902,000 after purchasing an additional 2,400 shares during the last quarter. Foundations Investment Advisors LLC bought a new position in shares of ProShares S&P 500 High Income ETF in the fourth quarter worth about $216,000. PFG Investments LLC increased its stake in shares of ProShares S&P 500 High Income ETF by 68.2% in the fourth quarter. PFG Investments LLC now owns 98,368 shares of the company’s stock worth $4,357,000 after purchasing an additional 39,899 shares during the period. Finally, Requisite Capital Management LLC bought a new stake in ProShares S&P 500 High Income ETF during the 4th quarter valued at approximately $5,020,000.

ProShares S&P 500 High Income ETF Stock Up 0.7 %

ISPY opened at $45.47 on Wednesday. ProShares S&P 500 High Income ETF has a 12-month low of $39.85 and a 12-month high of $46.83. The firm has a market capitalization of $105.04 million, a P/E ratio of 24.03 and a beta of 0.87. The stock’s 50 day moving average price is $45.19 and its two-hundred day moving average price is $44.38.

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 given a dividend of $0.2171 per share. The ex-dividend date 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.