CAP Partners LLC Buys Shares of 5,222 ProShares S&P 500 High Income ETF (NYSEARCA:ISPY)

CAP Partners LLC acquired a new stake in ProShares S&P 500 High Income ETF (NYSEARCA:ISPY) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 5,222 shares of the company’s stock, valued at approximately $231,000.

Other hedge funds also recently modified their holdings of the company. Global Trust Asset Management LLC increased its holdings 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 during the period. AdvisorNet Financial Inc bought a new position in shares of ProShares S&P 500 High Income ETF during the fourth quarter worth about $65,000. Foundations Investment Advisors LLC acquired a new position in shares of ProShares S&P 500 High Income ETF in the fourth quarter worth approximately $216,000. Maia Wealth LLC bought a new stake in ProShares S&P 500 High Income ETF in the third quarter valued at approximately $219,000. Finally, Woodmont Investment Counsel LLC acquired a new stake in ProShares S&P 500 High Income ETF during the 3rd quarter valued at approximately $238,000.

ProShares S&P 500 High Income ETF Stock Up 0.2 %

ISPY opened at $45.22 on Tuesday. The stock has a market cap of $104.46 million, a PE ratio of 24.03 and a beta of 0.87. The company has a fifty day moving average of $45.13 and a 200-day moving average of $44.47. ProShares S&P 500 High Income ETF has a twelve month low of $39.85 and a twelve month high of $46.83.

ProShares S&P 500 High Income ETF Increases Dividend

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

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.