BKM Wealth Management LLC raised its position in ProShares S&P 500 High Income ETF (NYSEARCA:ISPY – Free Report) by 50.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 19,459 shares of the company’s stock after acquiring an additional 6,522 shares during the quarter. BKM Wealth Management LLC’s holdings in ProShares S&P 500 High Income ETF were worth $826,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently made changes to their positions in ISPY. Signature Wealth Management Partners LLC boosted its holdings in shares of ProShares S&P 500 High Income ETF by 4.5% in the first quarter. Signature Wealth Management Partners LLC now owns 6,463 shares of the company’s stock valued at $272,000 after acquiring an additional 280 shares in the last quarter. Woodmont Investment Counsel LLC boosted its holdings in shares of ProShares S&P 500 High Income ETF by 9.2% in the second quarter. Woodmont Investment Counsel LLC now owns 5,789 shares of the company’s stock valued at $246,000 after acquiring an additional 489 shares in the last quarter. Morse Asset Management Inc boosted its holdings in shares of ProShares S&P 500 High Income ETF by 1.8% in the first quarter. Morse Asset Management Inc now owns 28,380 shares of the company’s stock valued at $1,195,000 after acquiring an additional 515 shares in the last quarter. Concurrent Investment Advisors LLC boosted its holdings in shares of ProShares S&P 500 High Income ETF by 12.9% in the second quarter. Concurrent Investment Advisors LLC now owns 5,729 shares of the company’s stock valued at $243,000 after acquiring an additional 656 shares in the last quarter. Finally, Mutual Advisors LLC boosted its holdings in shares of ProShares S&P 500 High Income ETF by 10.2% in the second quarter. Mutual Advisors LLC now owns 9,447 shares of the company’s stock valued at $411,000 after acquiring an additional 872 shares in the last quarter.
ProShares S&P 500 High Income ETF Price Performance
ProShares S&P 500 High Income ETF stock opened at $44.92 on Friday. The firm has a 50 day simple moving average of $44.29 and a 200-day simple moving average of $42.02. The stock has a market capitalization of $1.04 billion, a PE ratio of 25.81 and a beta of 0.87. ProShares S&P 500 High Income ETF has a 12-month low of $35.81 and a 12-month high of $46.83.
About ProShares S&P 500 High Income ETF
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.
See Also
- Five stocks we like better than ProShares S&P 500 High Income ETF
- Bank Stocks – Best Bank Stocks to Invest In
- Johnson & Johnson’s M&A Strategy Is the Real Story for Investors
- Manufacturing Stocks Investing
- Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic?
- Overbought Stocks Explained: Should You Trade Them?
- Hedge Funds Flip on the Dollar—A Buy Signal for These 3 Stocks?
Want to see what other hedge funds are holding ISPY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares S&P 500 High Income ETF (NYSEARCA:ISPY – Free Report).
Receive News & Ratings for ProShares S&P 500 High Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares S&P 500 High Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
