Milestone Asset Management LLC Buys 8,692 Shares of NEOS S&P 500 High Income ETF $SPYI

Milestone Asset Management LLC grew its stake in NEOS S&P 500 High Income ETF (BATS:SPYI) by 56.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,157 shares of the company’s stock after buying an additional 8,692 shares during the quarter. Milestone Asset Management LLC’s holdings in NEOS S&P 500 High Income ETF were worth $1,216,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. LPL Financial LLC lifted its holdings in NEOS S&P 500 High Income ETF by 55.2% during the first quarter. LPL Financial LLC now owns 1,290,478 shares of the company’s stock valued at $61,801,000 after purchasing an additional 458,785 shares in the last quarter. Cascade Wealth Advisors Inc increased its stake in NEOS S&P 500 High Income ETF by 78.4% in the 1st quarter. Cascade Wealth Advisors Inc now owns 266,248 shares of the company’s stock worth $12,335,000 after buying an additional 116,972 shares in the last quarter. American Alpha Advisors LLC bought a new stake in NEOS S&P 500 High Income ETF during the first quarter valued at about $4,243,000. Teamwork Financial Advisors LLC purchased a new position in shares of NEOS S&P 500 High Income ETF in the second quarter valued at about $4,439,000. Finally, 3EDGE Asset Management LP bought a new position in shares of NEOS S&P 500 High Income ETF in the first quarter worth about $3,908,000.

NEOS S&P 500 High Income ETF Trading Up 4.4%

Shares of SPYI opened at $52.86 on Tuesday. The business’s 50 day moving average is $52.19 and its 200 day moving average is $50.57. NEOS S&P 500 High Income ETF has a 12-month low of $41.60 and a 12-month high of $52.78. The company has a market capitalization of $4.37 billion, a PE ratio of 25.58 and a beta of 0.71.

NEOS S&P 500 High Income ETF Company 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.