Concurrent Investment Advisors LLC Purchases New Stake in NEOS S&P 500 High Income ETF $SPYI

Concurrent Investment Advisors LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 9,306 shares of the company’s stock, valued at approximately $468,000.

Other large investors also recently made changes to their positions in the company. Gradient Investments LLC raised its stake in shares of NEOS S&P 500 High Income ETF by 1.6% in the 2nd quarter. Gradient Investments LLC now owns 1,668,983 shares of the company’s stock valued at $83,983,000 after acquiring an additional 26,747 shares during the period. LPL Financial LLC boosted its position in NEOS S&P 500 High Income ETF by 55.2% during the 1st quarter. LPL Financial LLC now owns 1,290,478 shares of the company’s stock worth $61,801,000 after purchasing an additional 458,785 shares during the period. Cascade Wealth Advisors Inc increased its holdings 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 valued at $12,335,000 after purchasing an additional 116,972 shares in the last quarter. Cetera Investment Advisers raised its position in NEOS S&P 500 High Income ETF by 14.6% in the first quarter. Cetera Investment Advisers now owns 118,632 shares of the company’s stock valued at $5,681,000 after purchasing an additional 15,084 shares during the period. Finally, MADDEN SECURITIES Corp raised its position in NEOS S&P 500 High Income ETF by 59.2% in the second quarter. MADDEN SECURITIES Corp now owns 116,020 shares of the company’s stock valued at $5,838,000 after purchasing an additional 43,135 shares during the period.

NEOS S&P 500 High Income ETF Price Performance

Shares of SPYI opened at $52.22 on Friday. NEOS S&P 500 High Income ETF has a 12 month low of $41.60 and a 12 month high of $52.78. The stock’s 50-day moving average is $51.93 and its two-hundred day moving average is $49.90. The stock has a market cap of $4.31 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.