Commonwealth Equity Services LLC Grows Stock Position in ProShares S&P 500 High Income ETF $ISPY

Commonwealth Equity Services LLC raised its holdings in shares of ProShares S&P 500 High Income ETF (NYSEARCA:ISPY) by 35.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 177,897 shares of the company’s stock after acquiring an additional 46,634 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.76% of ProShares S&P 500 High Income ETF worth $8,025,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Raymond James Financial Inc. grew its position in shares of ProShares S&P 500 High Income ETF by 23.6% in the second quarter. Raymond James Financial Inc. now owns 1,658,789 shares of the company’s stock valued at $70,382,000 after purchasing an additional 316,261 shares during the last quarter. Capital Investment Advisors LLC lifted its stake in ProShares S&P 500 High Income ETF by 10.0% in the 2nd quarter. Capital Investment Advisors LLC now owns 731,210 shares of the company’s stock valued at $31,025,000 after buying an additional 66,185 shares in the last quarter. Richmond Investment Services LLC lifted its stake in ProShares S&P 500 High Income ETF by 104.4% in the 2nd quarter. Richmond Investment Services LLC now owns 318,980 shares of the company’s stock valued at $13,534,000 after buying an additional 162,911 shares in the last quarter. MJP Associates Inc. ADV grew its holdings in ProShares S&P 500 High Income ETF by 23.4% during the 2nd quarter. MJP Associates Inc. ADV now owns 184,244 shares of the company’s stock valued at $7,817,000 after buying an additional 34,989 shares during the last quarter. Finally, Howard Capital Management Inc. increased its position in ProShares S&P 500 High Income ETF by 25.4% during the second quarter. Howard Capital Management Inc. now owns 154,840 shares of the company’s stock worth $6,570,000 after buying an additional 31,386 shares in the last quarter.

ProShares S&P 500 High Income ETF Stock Down 0.1%

NYSEARCA ISPY opened at $46.41 on Wednesday. ProShares S&P 500 High Income ETF has a fifty-two week low of $35.81 and a fifty-two week high of $46.72. The business has a fifty day moving average of $45.60 and a 200-day moving average of $44.58. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 25.81 and a beta of 0.91.

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.