Accel Wealth Management Grows Position in ProShares S&P 500 High Income ETF $ISPY

Accel Wealth Management increased its holdings in shares of ProShares S&P 500 High Income ETF (BATS:ISPY) by 47.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 64,022 shares of the company’s stock after purchasing an additional 20,645 shares during the quarter. Accel Wealth Management owned 0.25% of ProShares S&P 500 High Income ETF worth $2,921,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of ISPY. Comerica Bank purchased a new position in ProShares S&P 500 High Income ETF during the first quarter worth about $90,000. NewEdge Advisors LLC raised its stake in shares of ProShares S&P 500 High Income ETF by 26.6% in the 1st quarter. NewEdge Advisors LLC now owns 15,828 shares of the company’s stock valued at $666,000 after acquiring an additional 3,327 shares during the period. Focus Partners Wealth lifted its holdings in shares of ProShares S&P 500 High Income ETF by 57.1% in the 1st quarter. Focus Partners Wealth now owns 11,000 shares of the company’s stock worth $463,000 after acquiring an additional 4,000 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of ProShares S&P 500 High Income ETF by 23.6% in the 2nd quarter. Raymond James Financial Inc. now owns 1,658,789 shares of the company’s stock worth $70,382,000 after acquiring an additional 316,261 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its position in shares of ProShares S&P 500 High Income ETF by 43.5% during the 2nd quarter. Osaic Holdings Inc. now owns 79,365 shares of the company’s stock worth $3,368,000 after purchasing an additional 24,064 shares during the period.

ProShares S&P 500 High Income ETF Stock Performance

ProShares S&P 500 High Income ETF stock opened at $43.34 on Friday. 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 firm has a 50 day moving average price of $45.02 and a 200 day moving average price of $45.32. The company has a market capitalization of $880.67 million, a PE 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.