Capital Investment Advisors LLC Grows Position in ProShares S&P 500 High Income ETF $ISPY

Capital Investment Advisors LLC grew its holdings in shares of ProShares S&P 500 High Income ETF (BATS:ISPY) by 3.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 784,615 shares of the company’s stock after buying an additional 27,896 shares during the quarter. Capital Investment Advisors LLC’s holdings in ProShares S&P 500 High Income ETF were worth $35,802,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in ISPY. Raymond James Financial Inc. increased its holdings in ProShares S&P 500 High Income ETF by 23.6% in the 2nd quarter. Raymond James Financial Inc. now owns 1,658,789 shares of the company’s stock valued at $70,382,000 after purchasing an additional 316,261 shares in the last quarter. Bank of America Corp DE raised its position in ProShares S&P 500 High Income ETF by 18.1% in the third quarter. Bank of America Corp DE now owns 1,298,080 shares of the company’s stock valued at $58,556,000 after purchasing an additional 198,606 shares during the period. Hennion & Walsh Asset Management Inc. lifted its stake in shares of ProShares S&P 500 High Income ETF by 7.5% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 927,830 shares of the company’s stock worth $41,854,000 after purchasing an additional 64,408 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in shares of ProShares S&P 500 High Income ETF by 35.5% in the third quarter. Commonwealth Equity Services LLC now owns 177,897 shares of the company’s stock worth $8,025,000 after buying an additional 46,634 shares during the period. Finally, Bernardo Wealth Planning LLC boosted its position in shares of ProShares S&P 500 High Income ETF by 445.8% in the second quarter. Bernardo Wealth Planning LLC now owns 43,699 shares of the company’s stock worth $1,854,000 after buying an additional 35,693 shares during the period.

ProShares S&P 500 High Income ETF Stock Down 2.2%

ISPY opened at $42.32 on Friday. The firm’s 50 day moving average is $45.30 and its 200-day moving average is $45.35. ProShares S&P 500 High Income ETF has a 52-week low of $35.81 and a 52-week high of $46.72. The firm has a market capitalization of $859.94 million, a P/E ratio of 25.81 and a beta of 0.87.

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. ISPY was launched on Dec 18, 2023 and is issued by ProShares.