Gainplan LLC Trims Stake in ProShares S&P 500 High Income ETF (NYSEARCA:ISPY)

Gainplan LLC lowered its holdings in ProShares S&P 500 High Income ETF (NYSEARCA:ISPYFree Report) by 3.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 10,014 shares of the company’s stock after selling 398 shares during the quarter. Gainplan LLC’s holdings in ProShares S&P 500 High Income ETF were worth $444,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Global Trust Asset Management LLC raised its stake in ProShares S&P 500 High Income ETF by 83.3% in the third quarter. Global Trust Asset Management LLC now owns 1,100 shares of the company’s stock valued at $49,000 after purchasing an additional 500 shares in the last quarter. AdvisorNet Financial Inc bought a new position in shares of ProShares S&P 500 High Income ETF in the 4th quarter worth $65,000. Maia Wealth LLC bought a new position in shares of ProShares S&P 500 High Income ETF in the 3rd quarter worth $219,000. Woodmont Investment Counsel LLC bought a new stake in shares of ProShares S&P 500 High Income ETF during the 3rd quarter worth $238,000. Finally, Chicago Partners Investment Group LLC grew its position in ProShares S&P 500 High Income ETF by 11.6% in the third quarter. Chicago Partners Investment Group LLC now owns 6,869 shares of the company’s stock worth $308,000 after acquiring an additional 712 shares in the last quarter.

ProShares S&P 500 High Income ETF Trading Up 0.3 %

Shares of ProShares S&P 500 High Income ETF stock opened at $43.90 on Tuesday. The firm has a market capitalization of $101.41 million, a PE ratio of 24.03 and a beta of 0.87. The business’s 50-day moving average price is $45.18 and its 200-day moving average price is $44.27. ProShares S&P 500 High Income ETF has a 12 month low of $39.85 and a 12 month high of $46.83.

ProShares S&P 500 High Income ETF Cuts Dividend

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

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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