59,066 Shares in ProShares S&P 500 High Income ETF (NYSEARCA:ISPY) Bought by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC bought a new position in ProShares S&P 500 High Income ETF (NYSEARCA:ISPY) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 59,066 shares of the company’s stock, valued at approximately $2,647,000. Kingsview Wealth Management LLC owned 2.56% of ProShares S&P 500 High Income ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Sanctuary Advisors LLC bought a new position in shares of ProShares S&P 500 High Income ETF in the second quarter worth about $1,792,000. Chicago Partners Investment Group LLC increased its position in ProShares S&P 500 High Income ETF by 11.6% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 6,869 shares of the company’s stock worth $308,000 after buying an additional 712 shares during the period. Hennion & Walsh Asset Management Inc. acquired a new position in shares of ProShares S&P 500 High Income ETF during the second quarter worth approximately $36,769,000. PFG Investments LLC boosted its position in shares of ProShares S&P 500 High Income ETF by 98.1% in the second quarter. PFG Investments LLC now owns 37,504 shares of the company’s stock valued at $1,632,000 after acquiring an additional 18,571 shares during the period. Finally, Essex Financial Services Inc. acquired a new stake in shares of ProShares S&P 500 High Income ETF in the second quarter worth $298,000.

ProShares S&P 500 High Income ETF Stock Performance

Shares of ISPY opened at $45.44 on Monday. The company has a 50-day simple moving average of $44.73 and a 200-day simple moving average of $43.68. ProShares S&P 500 High Income ETF has a 52 week low of $39.61 and a 52 week high of $46.83. The firm has a market capitalization of $104.97 million, a P/E ratio of 24.03 and a beta of 0.87.

ProShares S&P 500 High Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, September 10th. Shareholders of record on Tuesday, September 3rd were given a $0.6198 dividend. The ex-dividend date was Tuesday, September 3rd. This is an increase from ProShares S&P 500 High Income ETF’s previous dividend of $0.45.

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.