Wick Capital Partners LLC Decreases Stock Holdings in ProShares S&P 500 High Income ETF $ISPY

Wick Capital Partners LLC reduced its position in ProShares S&P 500 High Income ETF (BATS:ISPY) by 51.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 11,005 shares of the company’s stock after selling 11,776 shares during the quarter. Wick Capital Partners LLC’s holdings in ProShares S&P 500 High Income ETF were worth $502,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Capital Investment Advisors LLC grew its stake in ProShares S&P 500 High Income ETF by 3.7% during the 4th quarter. Capital Investment Advisors LLC now owns 784,615 shares of the company’s stock worth $35,802,000 after buying an additional 27,896 shares during the last quarter. Sherman Wealth Management LLC acquired a new position in ProShares S&P 500 High Income ETF during the 4th quarter valued at about $650,000. Prosperity Financial Group Inc. raised its stake in ProShares S&P 500 High Income ETF by 27.8% in the fourth quarter. Prosperity Financial Group Inc. now owns 143,472 shares of the company’s stock valued at $6,547,000 after buying an additional 31,217 shares during the last quarter. PMG Family Office LLC purchased a new stake in ProShares S&P 500 High Income ETF in the third quarter valued at about $1,470,000. Finally, Journey Strategic Wealth LLC boosted its holdings in ProShares S&P 500 High Income ETF by 278.6% in the third quarter. Journey Strategic Wealth LLC now owns 35,383 shares of the company’s stock worth $1,596,000 after acquiring an additional 26,037 shares in the last quarter.

ProShares S&P 500 High Income ETF Stock Performance

Shares of BATS ISPY opened at $48.14 on Friday. ProShares S&P 500 High Income ETF has a fifty-two week low of $40.61 and a fifty-two week high of $49.08. The company has a market cap of $978.20 million, a PE ratio of 25.81 and a beta of 0.87. The business has a 50-day simple moving average of $47.26 and a two-hundred day simple moving average of $46.04.

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.