SageGuard Financial Group LLC Has $3.07 Million Stock Holdings in ProShares Russell 2000 High Income ETF $ITWO

SageGuard Financial Group LLC lifted its position in shares of ProShares Russell 2000 High Income ETF (BATS:ITWO) by 69.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 77,207 shares of the company’s stock after purchasing an additional 31,743 shares during the quarter. SageGuard Financial Group LLC owned 5.94% of ProShares Russell 2000 High Income ETF worth $3,071,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Ulland Investment Advisors LLC acquired a new stake in ProShares Russell 2000 High Income ETF during the 4th quarter worth $28,000. Larson Financial Group LLC bought a new position in ProShares Russell 2000 High Income ETF during the fourth quarter worth about $64,000. PNC Financial Services Group Inc. acquired a new position in ProShares Russell 2000 High Income ETF in the third quarter valued at about $197,000. Sunbelt Securities Inc. acquired a new position in ProShares Russell 2000 High Income ETF in the fourth quarter valued at about $234,000. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of ProShares Russell 2000 High Income ETF in the third quarter worth about $249,000.

ProShares Russell 2000 High Income ETF Price Performance

Shares of ProShares Russell 2000 High Income ETF stock opened at $46.61 on Monday. The company has a market capitalization of $60.59 million and a P/E ratio of 17.43. The business has a 50-day moving average of $44.47 and a two-hundred day moving average of $42.29. ProShares Russell 2000 High Income ETF has a 1 year low of $35.67 and a 1 year high of $47.03.

About ProShares Russell 2000 High Income ETF

The ProShares Russell 2000 High Income ETF (ITWO) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index that holds Russell 2000 stocks and sells daily call options on the same index. The fund primarily uses swaps to replicate the buy-write strategy in replicating returns of the sub-index. ITWO was launched on Sep 4, 2024 and is issued by ProShares.