13,955 Shares in ProShares Russell 2000 High Income ETF (NYSEARCA:ITWO) Purchased by MJP Associates Inc. ADV

MJP Associates Inc. ADV purchased a new position in shares of ProShares Russell 2000 High Income ETF (NYSEARCA:ITWO) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 13,955 shares of the company’s stock, valued at approximately $553,000.

A number of other large investors have also recently made changes to their positions in ITWO. Barclays PLC boosted its stake in shares of ProShares Russell 2000 High Income ETF by 100.0% during the 4th quarter. Barclays PLC now owns 200,000 shares of the company’s stock worth $7,930,000 after purchasing an additional 100,000 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of ProShares Russell 2000 High Income ETF by 408.0% during the 4th quarter. JPMorgan Chase & Co. now owns 117,612 shares of the company’s stock worth $4,664,000 after purchasing an additional 94,462 shares during the period. Bank of America Corp DE boosted its stake in shares of ProShares Russell 2000 High Income ETF by 100.1% during the 4th quarter. Bank of America Corp DE now owns 99,942 shares of the company’s stock worth $3,963,000 after purchasing an additional 50,000 shares during the period. Advisor OS LLC purchased a new position in shares of ProShares Russell 2000 High Income ETF during the 4th quarter worth about $553,000. Finally, Focus Partners Wealth purchased a new position in shares of ProShares Russell 2000 High Income ETF during the 4th quarter worth about $278,000.

ProShares Russell 2000 High Income ETF Trading Up 0.2%

ITWO stock opened at $34.18 on Monday. ProShares Russell 2000 High Income ETF has a 12 month low of $30.66 and a 12 month high of $44.54. The company has a 50-day moving average price of $34.53 and a 200 day moving average price of $38.76. The stock has a market cap of $45.46 million and a PE ratio of 15.71.

ProShares Russell 2000 High Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 7th. Investors of record on Monday, March 3rd were paid a $0.258 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

ProShares Russell 2000 High Income ETF Profile

The ProShares Russell 2000 High Income ETF (ITWO) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index that holds Russell 2000 stocks and sells daily call options on the same index. The fund primarily uses swaps to replicate the buy-write strategy in replicating returns of the sub-index.