Triad Wealth Partners LLC Takes Position in NEOS S&P 500 High Income ETF $SPYI

Triad Wealth Partners LLC acquired a new position in NEOS S&P 500 High Income ETF (BATS:SPYI) during the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 7,787 shares of the company’s stock, valued at approximately $392,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SPYI. PFG Advisors boosted its holdings in NEOS S&P 500 High Income ETF by 4.5% during the first quarter. PFG Advisors now owns 6,108 shares of the company’s stock worth $292,000 after buying an additional 261 shares in the last quarter. Key Client Fiduciary Advisors LLC boosted its stake in shares of NEOS S&P 500 High Income ETF by 2.0% during the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 18,164 shares of the company’s stock worth $914,000 after acquiring an additional 363 shares in the last quarter. Brown Lisle Cummings Inc. boosted its stake in shares of NEOS S&P 500 High Income ETF by 1.9% during the 1st quarter. Brown Lisle Cummings Inc. now owns 28,475 shares of the company’s stock worth $1,364,000 after acquiring an additional 525 shares in the last quarter. Triumph Capital Management grew its holdings in shares of NEOS S&P 500 High Income ETF by 4.0% in the 1st quarter. Triumph Capital Management now owns 17,105 shares of the company’s stock worth $819,000 after acquiring an additional 655 shares during the last quarter. Finally, Vision Financial Markets LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF during the first quarter worth $41,000.

NEOS S&P 500 High Income ETF Stock Up 3.5%

BATS:SPYI opened at $52.42 on Friday. NEOS S&P 500 High Income ETF has a 1-year low of $41.60 and a 1-year high of $52.78. The firm has a market capitalization of $4.33 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. The stock has a fifty day simple moving average of $51.66 and a 200 day simple moving average of $49.66.

NEOS S&P 500 High Income ETF Profile

The Neos S&P 500(R) High Income ETF (SPYI) is an exchange-traded fund that mostly invests in total market equity. The fund aims for tax-efficient and high monthly income by actively investing in stocks and options on the S&P 500 Index. The fund employs a call spread approach that uses SPX index option futures contracts.