Concurrent Investment Advisors LLC Buys 656 Shares of ProShares S&P 500 High Income ETF $ISPY

Concurrent Investment Advisors LLC grew its stake in ProShares S&P 500 High Income ETF (NYSEARCA:ISPY) by 12.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,729 shares of the company’s stock after acquiring an additional 656 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in ProShares S&P 500 High Income ETF were worth $243,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of ISPY. Essex Financial Services Inc. increased its stake in shares of ProShares S&P 500 High Income ETF by 11.1% in the 1st quarter. Essex Financial Services Inc. now owns 12,700 shares of the company’s stock valued at $535,000 after acquiring an additional 1,264 shares during the last quarter. Mutual Advisors LLC bought a new position in ProShares S&P 500 High Income ETF in the first quarter valued at approximately $339,000. Brown Advisory Inc. acquired a new position in shares of ProShares S&P 500 High Income ETF in the first quarter valued at approximately $464,000. Bernardo Wealth Planning LLC bought a new stake in shares of ProShares S&P 500 High Income ETF during the first quarter worth $337,000. Finally, MJP Associates Inc. ADV increased its position in shares of ProShares S&P 500 High Income ETF by 39.8% during the first quarter. MJP Associates Inc. ADV now owns 149,255 shares of the company’s stock worth $6,282,000 after acquiring an additional 42,529 shares in the last quarter.

ProShares S&P 500 High Income ETF Stock Up 1.0%

Shares of ISPY stock opened at $45.35 on Tuesday. The firm has a fifty day moving average of $44.34 and a 200-day moving average of $42.09. ProShares S&P 500 High Income ETF has a 12-month low of $35.81 and a 12-month high of $46.83. The company has a market capitalization of $1.05 billion, a price-to-earnings 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.