Mutual Advisors LLC boosted its holdings in NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) by 38.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 54,116 shares of the company’s stock after purchasing an additional 14,899 shares during the quarter. Mutual Advisors LLC owned about 0.07% of NEOS S&P 500 High Income ETF worth $2,827,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Howard Capital Management Inc. acquired a new position in shares of NEOS S&P 500 High Income ETF during the third quarter valued at about $21,542,000. Merit Financial Group LLC bought a new stake in NEOS S&P 500 High Income ETF in the 3rd quarter valued at about $21,418,000. MADDEN SECURITIES Corp increased its position in NEOS S&P 500 High Income ETF by 204.1% in the 3rd quarter. MADDEN SECURITIES Corp now owns 352,855 shares of the company’s stock valued at $18,454,000 after buying an additional 236,835 shares in the last quarter. Gradient Investments LLC boosted its holdings in NEOS S&P 500 High Income ETF by 5.0% in the third quarter. Gradient Investments LLC now owns 1,752,971 shares of the company’s stock worth $91,680,000 after acquiring an additional 83,988 shares in the last quarter. Finally, RiverTree Advisors LLC grew its stake in NEOS S&P 500 High Income ETF by 172.2% in the second quarter. RiverTree Advisors LLC now owns 103,203 shares of the company’s stock valued at $5,193,000 after acquiring an additional 65,282 shares during the period.
NEOS S&P 500 High Income ETF Stock Up 4.6%
BATS SPYI opened at $52.98 on Tuesday. NEOS S&P 500 High Income ETF has a 52 week low of $41.60 and a 52 week high of $52.78. The business has a 50 day moving average price of $52.79 and a 200-day moving average price of $52.20. The company has a market cap of $4.38 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71.
NEOS S&P 500 High Income ETF Cuts Dividend
About NEOS S&P 500 High Income ETF
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.
Recommended Stories
- Five stocks we like better than NEOS S&P 500 High Income ETF
- The day the gold market broke
- Forget AI, This Will Be the Next Big Tech Breakthrough
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
- ALERT: Drop these 5 stocks before the market opens tomorrow!
- End of America Update
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.
