NEOS Enhanced Income 1-3 Month T-Bill ETF (NYSEARCA:CSHI) Sees Unusually-High Trading Volume – Here’s What Happened

NEOS Enhanced Income 1-3 Month T-Bill ETF (NYSEARCA:CSHI) saw an uptick in trading volume on Wednesday . 408,724 shares traded hands during trading, a decline of 18% from the previous session’s volume of 499,714 shares.The stock last traded at $49.5950 and had previously closed at $49.78.

NEOS Enhanced Income 1-3 Month T-Bill ETF Stock Down 0.4%

The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 23.90 and a beta of 0.01. The company’s 50-day moving average price is $49.77 and its 200-day moving average price is $49.76.

Institutional Investors Weigh In On NEOS Enhanced Income 1-3 Month T-Bill ETF

Institutional investors have recently bought and sold shares of the company. Nations Financial Group Inc. IA ADV boosted its holdings in NEOS Enhanced Income 1-3 Month T-Bill ETF by 15.8% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 6,582 shares of the company’s stock worth $328,000 after buying an additional 900 shares during the last quarter. Carter Financial Group INC. raised its holdings in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF by 7.7% during the first quarter. Carter Financial Group INC. now owns 10,159 shares of the company’s stock valued at $506,000 after acquiring an additional 727 shares during the last quarter. Compass Financial Management LLC acquired a new position in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF during the second quarter valued at approximately $561,000. CoreCap Advisors LLC lifted its position in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF by 10.9% in the second quarter. CoreCap Advisors LLC now owns 25,920 shares of the company’s stock valued at $1,291,000 after acquiring an additional 2,543 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF by 34.8% in the third quarter. NewEdge Advisors LLC now owns 72,067 shares of the company’s stock valued at $3,583,000 after acquiring an additional 18,588 shares in the last quarter.

About NEOS Enhanced Income 1-3 Month T-Bill ETF

The Neos Enhanced Income Cash Alternative ETF (CSHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in a portfolio of US ultra-short term Treasury bills while utilizing a combined with a US large-cap put spread futures strategy. CSHI was launched on Aug 30, 2022 and is managed by Neos.