International Assets Investment Management LLC increased its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) by 36.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 100,491 shares of the company’s stock after acquiring an additional 27,095 shares during the period. International Assets Investment Management LLC’s holdings in NEOS S&P 500 High Income ETF were worth $5,361,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Foguth Wealth Management LLC. raised its position in NEOS S&P 500 High Income ETF by 927.5% in the first quarter. Foguth Wealth Management LLC. now owns 1,214,307 shares of the company’s stock worth $65,439,000 after acquiring an additional 1,096,123 shares in the last quarter. Gradient Investments LLC bought a new position in shares of NEOS S&P 500 High Income ETF during the 3rd quarter valued at about $58,239,000. Howard Capital Management LLC boosted its position in shares of NEOS S&P 500 High Income ETF by 7.5% during the 3rd quarter. Howard Capital Management LLC now owns 1,073,896 shares of the company’s stock valued at $57,099,000 after purchasing an additional 75,281 shares in the last quarter. Royal Bank of Canada boosted its position in shares of NEOS S&P 500 High Income ETF by 14.5% during the 1st quarter. Royal Bank of Canada now owns 1,061,491 shares of the company’s stock valued at $52,406,000 after purchasing an additional 134,250 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of NEOS S&P 500 High Income ETF by 62.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 709,315 shares of the company’s stock worth $37,658,000 after purchasing an additional 273,777 shares during the last quarter.
NEOS S&P 500 High Income ETF Price Performance
Shares of SPYI opened at $51.29 on Friday. The firm’s 50 day moving average is $53.32 and its 200-day moving average is $52.69. NEOS S&P 500 High Income ETF has a 12-month low of $47.77 and a 12-month high of $54.47. The stock has a market capitalization of $4.24 billion, a P/E 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. SPYI was launched on Aug 30, 2022 and is managed by Neos.
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