Gainplan LLC Has $444,000 Stock Holdings in ProShares S&P 500 High Income ETF (NYSEARCA:ISPY)

Gainplan LLC reduced its holdings in shares of ProShares S&P 500 High Income ETF (NYSEARCA:ISPY) by 3.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,014 shares of the company’s stock after selling 398 shares during the quarter. Gainplan LLC owned 0.43% of ProShares S&P 500 High Income ETF worth $444,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Sanctuary Advisors LLC bought a new stake in ProShares S&P 500 High Income ETF during the 2nd quarter worth approximately $1,792,000. Chicago Partners Investment Group LLC grew its holdings in ProShares S&P 500 High Income ETF by 11.6% during the third quarter. Chicago Partners Investment Group LLC now owns 6,869 shares of the company’s stock worth $308,000 after buying an additional 712 shares in the last quarter. Raymond James & Associates raised its position in ProShares S&P 500 High Income ETF by 557.1% in the 3rd quarter. Raymond James & Associates now owns 585,463 shares of the company’s stock valued at $26,240,000 after buying an additional 496,359 shares during the last quarter. Patriot Financial Group Insurance Agency LLC bought a new position in ProShares S&P 500 High Income ETF during the 3rd quarter valued at $805,000. Finally, Kingsview Wealth Management LLC bought a new position in ProShares S&P 500 High Income ETF during the 3rd quarter valued at $2,647,000.

ProShares S&P 500 High Income ETF Price Performance

NYSEARCA ISPY opened at $43.90 on Tuesday. The company has a fifty day moving average price of $45.18 and a 200-day moving average price of $44.27. ProShares S&P 500 High Income ETF has a 1 year low of $39.85 and a 1 year high of $46.83. The firm has a market cap of $101.41 million, a price-to-earnings ratio of 24.03 and a beta of 0.87.

ProShares S&P 500 High Income ETF Cuts Dividend

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

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.