MJP Associates Inc. ADV Sells 34,619 Shares of ProShares S&P 500 High Income ETF $ISPY

MJP Associates Inc. ADV lessened its stake in shares of ProShares S&P 500 High Income ETF (NYSEARCA:ISPY) by 18.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 149,625 shares of the company’s stock after selling 34,619 shares during the period. ProShares S&P 500 High Income ETF accounts for approximately 0.9% of MJP Associates Inc. ADV’s holdings, making the stock its 19th biggest position. MJP Associates Inc. ADV owned 0.63% of ProShares S&P 500 High Income ETF worth $6,750,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in ISPY. North Star Investment Management Corp. purchased a new stake in shares of ProShares S&P 500 High Income ETF in the third quarter worth about $45,000. Montag A & Associates Inc. bought a new stake in ProShares S&P 500 High Income ETF in the 2nd quarter worth approximately $68,000. Comerica Bank bought a new stake in ProShares S&P 500 High Income ETF in the 1st quarter worth approximately $90,000. Brown Lisle Cummings Inc. purchased a new stake in shares of ProShares S&P 500 High Income ETF during the 3rd quarter worth approximately $103,000. Finally, AdvisorNet Financial Inc boosted its position in shares of ProShares S&P 500 High Income ETF by 50.6% during the 3rd quarter. AdvisorNet Financial Inc now owns 3,226 shares of the company’s stock valued at $146,000 after acquiring an additional 1,084 shares during the last quarter.

ProShares S&P 500 High Income ETF Stock Performance

ISPY stock opened at $45.34 on Wednesday. The firm has a fifty day moving average price of $45.96 and a 200 day moving average price of $45.14. ProShares S&P 500 High Income ETF has a fifty-two week low of $35.81 and a fifty-two week high of $46.72. The firm has a market cap of $1.18 billion, a PE ratio of 25.81 and a beta of 0.91.

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. ISPY was launched on Dec 18, 2023 and is issued by ProShares.