ProShares S&P 500 High Income ETF to Issue Dividend of $0.18 (NYSEARCA:ISPY)

ProShares S&P 500 High Income ETF (NYSEARCA:ISPY) declared a dividend on Friday, February 28th, NASDAQ Dividends reports. Investors of record on Monday, March 3rd will be paid a dividend of 0.1783 per share on Friday, March 7th. The ex-dividend date of this dividend is Monday, March 3rd.

ProShares S&P 500 High Income ETF Stock Up 1.4 %

NYSEARCA:ISPY traded up $0.60 during midday trading on Friday, hitting $44.42. The stock had a trading volume of 177,539 shares, compared to its average volume of 253,704. ProShares S&P 500 High Income ETF has a one year low of $39.85 and a one year high of $46.83. The company has a market capitalization of $650.75 million, a price-to-earnings ratio of 27.17 and a beta of 0.87. The stock has a 50-day moving average of $44.98 and a 200 day moving average of $44.72.

About ProShares S&P 500 High Income ETF

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.