Marshall & Sterling Wealth Advisors Inc. lifted its position in NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) by 102.7% in the first quarter, HoldingsChannel.com reports. The firm owned 172,485 shares of the company’s stock after acquiring an additional 87,402 shares during the period. NEOS S&P 500 High Income ETF comprises 5.6% of Marshall & Sterling Wealth Advisors Inc.’s investment portfolio, making the stock its 3rd largest holding. Marshall & Sterling Wealth Advisors Inc.’s holdings in NEOS S&P 500 High Income ETF were worth $8,516,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pacific Point Advisors LLC bought a new stake in shares of NEOS S&P 500 High Income ETF in the 4th quarter valued at approximately $1,158,000. CCG Wealth Management LLC bought a new position in shares of NEOS S&P 500 High Income ETF during the 4th quarter worth approximately $778,000. Capital Investment Advisory Services LLC lifted its position in shares of NEOS S&P 500 High Income ETF by 53.7% during the 4th quarter. Capital Investment Advisory Services LLC now owns 154,527 shares of the company’s stock worth $8,117,000 after buying an additional 54,021 shares during the period. Gradient Investments LLC boosted its stake in NEOS S&P 500 High Income ETF by 1.8% in the 4th quarter. Gradient Investments LLC now owns 1,785,248 shares of the company’s stock valued at $93,779,000 after buying an additional 32,277 shares in the last quarter. Finally, Bay Capital Advisors LLC bought a new stake in NEOS S&P 500 High Income ETF in the fourth quarter valued at $803,000.
NEOS S&P 500 High Income ETF Stock Performance
Shares of BATS SPYI opened at $53.07 on Friday. NEOS S&P 500 High Income ETF has a 52-week low of $47.77 and a 52-week high of $54.11. The business has a fifty day moving average of $53.24 and a two-hundred day moving average of $52.33. The stock has a market cap of $4.38 billion, a PE ratio of 25.58 and a beta of 0.71.
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. SPYI was launched on Aug 30, 2022 and is managed by Neos.
Featured Stories
- Five stocks we like better than NEOS S&P 500 High Income ETF
- Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop
- Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs?
- The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
Want to see what other hedge funds are holding SPYI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report).
Receive News & Ratings for NEOS S&P 500 High Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEOS S&P 500 High Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
