Wedbush Securities Inc. Buys New Shares in ProShares S&P 500 High Income ETF $ISPY

Wedbush Securities Inc. bought a new position in ProShares S&P 500 High Income ETF (BATS:ISPY) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 37,084 shares of the company’s stock, valued at approximately $1,773,000. Wedbush Securities Inc. owned approximately 0.18% of ProShares S&P 500 High Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the business. Stillwater Wealth Management Group lifted its stake in ProShares S&P 500 High Income ETF by 4.5% in the third quarter. Stillwater Wealth Management Group now owns 45,665 shares of the company’s stock valued at $2,183,000 after buying an additional 1,976 shares during the period. Maia Wealth LLC grew its position in shares of ProShares S&P 500 High Income ETF by 28.5% during the 3rd quarter. Maia Wealth LLC now owns 6,800 shares of the company’s stock worth $325,000 after buying an additional 1,507 shares during the period. IFP Advisors Inc increased its stake in shares of ProShares S&P 500 High Income ETF by 10.8% in the 3rd quarter. IFP Advisors Inc now owns 2,743 shares of the company’s stock valued at $131,000 after acquiring an additional 267 shares in the last quarter. BOS Asset Management LLC increased its stake in shares of ProShares S&P 500 High Income ETF by 5.4% in the 3rd quarter. BOS Asset Management LLC now owns 15,071 shares of the company’s stock valued at $720,000 after acquiring an additional 776 shares in the last quarter. Finally, Integrated Wealth Concepts LLC increased its stake in shares of ProShares S&P 500 High Income ETF by 1.9% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 52,489 shares of the company’s stock valued at $2,529,000 after acquiring an additional 977 shares in the last quarter.

ProShares S&P 500 High Income ETF Price Performance

ProShares S&P 500 High Income ETF stock opened at $47.51 on Monday. ProShares S&P 500 High Income ETF has a 12-month low of $42.10 and a 12-month high of $49.25. The firm’s fifty day moving average is $48.19 and its 200 day moving average is $47.78. The company has a market capitalization of $965.40 million, a PE ratio of 25.81 and a beta of 0.87.

ProShares S&P 500 High Income ETF Company 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.