ProShares S&P 500 High Income ETF $ISPY Shares Bought by MJP Associates Inc. ADV

MJP Associates Inc. ADV grew its stake in shares of ProShares S&P 500 High Income ETF (NYSEARCA:ISPY) by 23.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 184,244 shares of the company’s stock after purchasing an additional 34,989 shares during the quarter. ProShares S&P 500 High Income ETF makes up 1.2% of MJP Associates Inc. ADV’s portfolio, making the stock its 17th largest holding. MJP Associates Inc. ADV owned about 0.88% of ProShares S&P 500 High Income ETF worth $7,817,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Kingsview Wealth Management LLC lifted its stake in shares of ProShares S&P 500 High Income ETF by 36.2% in the 1st quarter. Kingsview Wealth Management LLC now owns 93,752 shares of the company’s stock worth $3,946,000 after acquiring an additional 24,901 shares during the period. Kestra Private Wealth Services LLC bought a new stake in ProShares S&P 500 High Income ETF during the first quarter worth approximately $392,000. Morse Asset Management Inc lifted its position in 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 worth $1,195,000 after purchasing an additional 515 shares during the period. BKM Wealth Management LLC lifted its position in ProShares S&P 500 High Income ETF by 14.0% in the first quarter. BKM Wealth Management LLC now owns 12,937 shares of the company’s stock worth $545,000 after purchasing an additional 1,584 shares during the period. Finally, Financial Partners Group Inc boosted its stake in ProShares S&P 500 High Income ETF by 25.9% during the 1st quarter. Financial Partners Group Inc now owns 28,792 shares of the company’s stock valued at $1,212,000 after purchasing an additional 5,931 shares in the last quarter.

ProShares S&P 500 High Income ETF Stock Performance

ISPY opened at $45.19 on Friday. The company has a market capitalization of $1.08 billion, a PE ratio of 25.81 and a beta of 0.91. The stock’s fifty day moving average is $45.13 and its 200-day moving average is $43.03. ProShares S&P 500 High Income ETF has a one year low of $35.81 and a one year high of $46.72.

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.