ProShares S&P 500 High Income ETF $ISPY Shares Bought by Maridea Wealth Management LLC

Maridea Wealth Management LLC boosted its position in shares of ProShares S&P 500 High Income ETF (BATS:ISPY) by 56.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 52,734 shares of the company’s stock after buying an additional 19,021 shares during the period. Maridea Wealth Management LLC’s holdings in ProShares S&P 500 High Income ETF were worth $2,406,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. North Star Investment Management Corp. purchased a new position in shares of ProShares S&P 500 High Income ETF in the third quarter valued at approximately $45,000. Aptus Capital Advisors LLC acquired a new stake in shares of ProShares S&P 500 High Income ETF in the third quarter worth approximately $65,000. Comerica Bank purchased a new stake in shares of ProShares S&P 500 High Income ETF during the first 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 third quarter worth approximately $103,000. Finally, IFP Advisors Inc raised its stake in ProShares S&P 500 High Income ETF by 13.0% in the 3rd quarter. IFP Advisors Inc now owns 2,359 shares of the company’s stock valued at $106,000 after purchasing an additional 272 shares during the last quarter.

ProShares S&P 500 High Income ETF Stock Performance

BATS ISPY opened at $43.34 on Friday. The business has a fifty day moving average price of $45.60 and a 200 day moving average price of $45.37. The company has a market cap of $880.67 million, a P/E ratio of 25.81 and a beta of 0.87. ProShares S&P 500 High Income ETF has a one year low of $35.81 and a one year high of $46.72.

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.