Milestone Asset Management LLC Has $1.84 Million Stock Position in NEOS S&P 500 High Income ETF $SPYI

Milestone Asset Management LLC raised its position in NEOS S&P 500 High Income ETF (BATS:SPYI) by 45.5% during the third quarter, HoldingsChannel.com reports. The firm owned 35,148 shares of the company’s stock after buying an additional 10,991 shares during the quarter. Milestone Asset Management LLC’s holdings in NEOS S&P 500 High Income ETF were worth $1,838,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Kestra Advisory Services LLC lifted its holdings in shares of NEOS S&P 500 High Income ETF by 99.6% during the 1st quarter. Kestra Advisory Services LLC now owns 72,853 shares of the company’s stock valued at $3,489,000 after buying an additional 36,348 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in NEOS S&P 500 High Income ETF by 16,413.6% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 10,899 shares of the company’s stock valued at $522,000 after acquiring an additional 10,833 shares in the last quarter. Delta Investment Management LLC lifted its stake in NEOS S&P 500 High Income ETF by 43.4% in the first quarter. Delta Investment Management LLC now owns 73,990 shares of the company’s stock valued at $3,543,000 after acquiring an additional 22,395 shares during the last quarter. Royal Bank of Canada lifted its stake in NEOS S&P 500 High Income ETF by 17.5% in the first quarter. Royal Bank of Canada now owns 62,184 shares of the company’s stock valued at $2,978,000 after acquiring an additional 9,262 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC bought a new stake in NEOS S&P 500 High Income ETF in the first quarter worth approximately $201,000.

NEOS S&P 500 High Income ETF Stock Up 4.7%

Shares of SPYI opened at $53.02 on Thursday. The firm has a market cap of $4.38 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. The company’s fifty day moving average is $52.51 and its 200-day moving average is $51.68. NEOS S&P 500 High Income ETF has a 12 month low of $41.60 and a 12 month high of $52.78.

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.