PFG Investments LLC Purchases 39,899 Shares of ProShares S&P 500 High Income ETF (NYSEARCA:ISPY)

PFG Investments LLC boosted its stake in ProShares S&P 500 High Income ETF (NYSEARCA:ISPY) by 68.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 98,368 shares of the company’s stock after purchasing an additional 39,899 shares during the quarter. PFG Investments LLC’s holdings in ProShares S&P 500 High Income ETF were worth $4,357,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Hennion & Walsh Asset Management Inc. boosted its stake in ProShares S&P 500 High Income ETF by 18.5% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 1,105,781 shares of the company’s stock worth $48,975,000 after purchasing an additional 172,752 shares during the period. Raymond James & Associates raised its holdings in shares of ProShares S&P 500 High Income ETF by 557.1% in the 3rd quarter. Raymond James & Associates now owns 585,463 shares of the company’s stock valued at $26,240,000 after acquiring an additional 496,359 shares in the last quarter. Capital Investment Advisors LLC purchased a new stake in shares of ProShares S&P 500 High Income ETF in the 4th quarter valued at about $11,903,000. Requisite Capital Management LLC purchased a new stake in shares of ProShares S&P 500 High Income ETF in the 4th quarter valued at about $5,020,000. Finally, Sanctuary Advisors LLC raised its holdings in shares of ProShares S&P 500 High Income ETF by 105.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 88,736 shares of the company’s stock valued at $4,032,000 after acquiring an additional 45,619 shares in the last quarter.

ProShares S&P 500 High Income ETF Stock Down 0.3 %

NYSEARCA:ISPY opened at $45.82 on Monday. The business’s 50-day moving average price is $45.17 and its two-hundred day moving average price is $44.36. ProShares S&P 500 High Income ETF has a twelve month low of $39.85 and a twelve month high of $46.83. The stock has a market cap of $105.84 million, a P/E ratio of 24.03 and a beta of 0.87.

ProShares S&P 500 High Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.2171 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

About ProShares S&P 500 High Income ETF

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.