Woodmont Investment Counsel LLC Buys New Position in ProShares S&P 500 High Income ETF (NYSEARCA:ISPY)

Woodmont Investment Counsel LLC purchased a new position in ProShares S&P 500 High Income ETF (NYSEARCA:ISPY) in the third quarter, Holdings Channel.com reports. The fund purchased 5,300 shares of the company’s stock, valued at approximately $238,000.

Several other large investors have also added to or reduced their stakes in the stock. Global Trust Asset Management LLC purchased a new position in shares of ProShares S&P 500 High Income ETF in the 2nd quarter valued at approximately $26,000. International Assets Investment Management LLC bought a new position in ProShares S&P 500 High Income ETF in the second quarter worth $124,000. Maia Wealth LLC purchased a new position in ProShares S&P 500 High Income ETF during the third quarter valued at $219,000. Essex Financial Services Inc. bought a new stake in shares of ProShares S&P 500 High Income ETF during the 2nd quarter valued at $298,000. Finally, Chicago Partners Investment Group LLC grew its position in shares of ProShares S&P 500 High Income ETF by 11.6% in the 3rd 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 during the period.

ProShares S&P 500 High Income ETF Price Performance

Shares of NYSEARCA ISPY opened at $45.31 on Friday. ProShares S&P 500 High Income ETF has a 1 year low of $39.61 and a 1 year high of $46.83. The firm has a 50-day moving average of $44.23 and a 200 day moving average of $43.33. The stock has a market cap of $104.67 million, a P/E ratio of 24.03 and a beta of 0.87.

ProShares S&P 500 High Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, September 10th. Investors of record on Tuesday, September 3rd were paid a $0.6198 dividend. The ex-dividend date was Tuesday, September 3rd. This is an increase from ProShares S&P 500 High Income ETF’s previous dividend of $0.45.

ProShares S&P 500 High Income ETF Company 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.