ProShares S&P 500 High Income ETF $ISPY Shares Purchased by MJP Associates Inc. ADV

MJP Associates Inc. ADV boosted its holdings in ProShares S&P 500 High Income ETF (BATS:ISPY) by 11.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 166,799 shares of the company’s stock after acquiring an additional 17,174 shares during the period. ProShares S&P 500 High Income ETF accounts for about 1.0% of MJP Associates Inc. ADV’s portfolio, making the stock its 22nd largest holding. MJP Associates Inc. ADV’s holdings in ProShares S&P 500 High Income ETF were worth $7,611,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Raymond James Financial Inc. lifted its stake in ProShares S&P 500 High Income ETF by 23.6% during the second quarter. Raymond James Financial Inc. now owns 1,658,789 shares of the company’s stock worth $70,382,000 after purchasing an additional 316,261 shares in the last quarter. Sanctuary Advisors LLC lifted its stake in ProShares S&P 500 High Income ETF by 259.8% during the fourth quarter. Sanctuary Advisors LLC now owns 311,920 shares of the company’s stock worth $14,233,000 after purchasing an additional 225,225 shares in the last quarter. Bank of America Corp DE lifted its stake in ProShares S&P 500 High Income ETF by 18.1% during the third quarter. Bank of America Corp DE now owns 1,298,080 shares of the company’s stock worth $58,556,000 after purchasing an additional 198,606 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its stake in ProShares S&P 500 High Income ETF by 5.4% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 977,889 shares of the company’s stock worth $44,621,000 after purchasing an additional 50,059 shares in the last quarter. Finally, SageGuard Financial Group LLC acquired a new position in ProShares S&P 500 High Income ETF during the fourth quarter worth $1,764,000.

ProShares S&P 500 High Income ETF Stock Up 1.2%

BATS:ISPY opened at $47.93 on Thursday. The stock’s fifty day moving average is $45.38 and its two-hundred day moving average is $45.60. ProShares S&P 500 High Income ETF has a 52 week low of $39.60 and a 52 week high of $48.47. The stock has a market capitalization of $973.94 million, 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. ISPY was launched on Dec 18, 2023 and is issued by ProShares.