ProShares S&P 500 High Income ETF $ISPY Shares Purchased by Capital Investment Advisors LLC

Capital Investment Advisors LLC boosted its stake in ProShares S&P 500 High Income ETF (BATS:ISPY) by 3.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 784,615 shares of the company’s stock after buying an additional 27,896 shares during the quarter. Capital Investment Advisors LLC owned approximately 3.08% of ProShares S&P 500 High Income ETF worth $35,802,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. North Star Investment Management Corp. purchased a new stake in ProShares S&P 500 High Income ETF in the 3rd quarter worth approximately $45,000. Aptus Capital Advisors LLC purchased a new stake in shares of ProShares S&P 500 High Income ETF in the third quarter valued at $65,000. Comerica Bank purchased a new stake in shares of ProShares S&P 500 High Income ETF in the first quarter valued at $90,000. Brown Lisle Cummings Inc. acquired a new position in ProShares S&P 500 High Income ETF in the third quarter valued at $103,000. Finally, IFP Advisors Inc increased its stake in ProShares S&P 500 High Income ETF by 13.0% in the third quarter. IFP Advisors Inc now owns 2,359 shares of the company’s stock valued at $106,000 after purchasing an additional 272 shares during the last quarter.

ProShares S&P 500 High Income ETF Trading Down 2.2%

Shares of BATS:ISPY opened at $42.32 on Friday. The stock’s 50-day moving average price is $45.30 and its two-hundred day moving average price is $45.35. ProShares S&P 500 High Income ETF has a 12-month low of $35.81 and a 12-month high of $46.72. The firm has a market cap of $859.94 million, a price-to-earnings ratio of 25.81 and a beta of 0.87.

ProShares S&P 500 High Income ETF 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.