NEOS S&P 500 High Income ETF $SPYI Shares Bought by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. grew its position in NEOS S&P 500 High Income ETF (BATS:SPYI) by 70.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 159,777 shares of the company’s stock after purchasing an additional 65,949 shares during the quarter. Stratos Wealth Partners LTD. owned approximately 0.19% of NEOS S&P 500 High Income ETF worth $8,356,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPYI. Stratos Investment Management LLC increased its holdings in shares of NEOS S&P 500 High Income ETF by 8.5% in the 3rd quarter. Stratos Investment Management LLC now owns 12,240 shares of the company’s stock valued at $640,000 after acquiring an additional 958 shares during the last quarter. Oppenheimer & Co. Inc. raised its position in NEOS S&P 500 High Income ETF by 67.5% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 46,003 shares of the company’s stock valued at $2,406,000 after purchasing an additional 18,538 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its stake in shares of NEOS S&P 500 High Income ETF by 31.4% during the third quarter. Oppenheimer Asset Management Inc. now owns 16,654 shares of the company’s stock worth $871,000 after buying an additional 3,979 shares during the period. RFG Advisory LLC grew its stake in shares of NEOS S&P 500 High Income ETF by 67.6% in the 3rd quarter. RFG Advisory LLC now owns 64,834 shares of the company’s stock valued at $3,391,000 after purchasing an additional 26,159 shares during the last quarter. Finally, Palacios Wealth Management LLC grew its position in NEOS S&P 500 High Income ETF by 65.2% in the 3rd quarter. Palacios Wealth Management LLC now owns 105,636 shares of the company’s stock valued at $5,525,000 after buying an additional 41,676 shares during the last quarter.

NEOS S&P 500 High Income ETF Price Performance

Shares of NEOS S&P 500 High Income ETF stock opened at $52.83 on Thursday. The firm has a market cap of $4.36 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a 52-week low of $41.60 and a 52-week high of $53.38. The company’s 50-day simple moving average is $52.79 and its 200-day simple moving average is $52.27.

NEOS S&P 500 High Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Wednesday, January 21st were paid a dividend of $0.5309 per share. This represents a c) dividend on an annualized basis and a dividend yield of 12.1%. The ex-dividend date of this dividend was Wednesday, January 21st.

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.