Advisor OS LLC Acquires 44,494 Shares of ProShares S&P 500 High Income ETF (NYSEARCA:ISPY)

Advisor OS LLC grew its holdings in ProShares S&P 500 High Income ETF (NYSEARCA:ISPYFree Report) by 66.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 111,208 shares of the company’s stock after purchasing an additional 44,494 shares during the quarter. ProShares S&P 500 High Income ETF makes up 0.6% of Advisor OS LLC’s portfolio, making the stock its 27th biggest position. Advisor OS LLC’s holdings in ProShares S&P 500 High Income ETF were worth $4,925,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. AdvisorNet Financial Inc purchased a new position in ProShares S&P 500 High Income ETF during the fourth quarter valued at approximately $65,000. Foundations Investment Advisors LLC purchased a new stake in ProShares S&P 500 High Income ETF during the fourth quarter worth $216,000. Maia Wealth LLC bought a new stake in ProShares S&P 500 High Income ETF during the 3rd quarter valued at $219,000. CAP Partners LLC purchased a new position in shares of ProShares S&P 500 High Income ETF in the 4th quarter valued at $231,000. Finally, Woodmont Investment Counsel LLC bought a new position in shares of ProShares S&P 500 High Income ETF in the 3rd quarter worth $238,000.

ProShares S&P 500 High Income ETF Price Performance

Shares of NYSEARCA ISPY opened at $44.45 on Wednesday. ProShares S&P 500 High Income ETF has a 1-year low of $39.85 and a 1-year high of $46.83. The business has a fifty day moving average price of $45.01 and a 200 day moving average price of $44.71. The stock has a market capitalization of $651.19 million, a P/E ratio of 27.17 and a beta of 0.87.

ProShares S&P 500 High Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, February 7th. Shareholders of record on Monday, February 3rd were given a dividend of $0.3259 per share. This is a positive change from ProShares S&P 500 High Income ETF’s previous dividend of $0.22. The ex-dividend date was Monday, February 3rd.

About ProShares S&P 500 High Income ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding ISPY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares S&P 500 High Income ETF (NYSEARCA:ISPYFree Report).

Institutional Ownership by Quarter for ProShares S&P 500 High Income ETF (NYSEARCA:ISPY)

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