Marshall & Sterling Wealth Advisors Inc. Has $4.47 Million Stake in NEOS S&P 500 High Income ETF $SPYI

Marshall & Sterling Wealth Advisors Inc. boosted its holdings in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 1,436.3% in the 4th quarter, Holdings Channel reports. The firm owned 85,083 shares of the company’s stock after buying an additional 79,545 shares during the period. NEOS S&P 500 High Income ETF accounts for about 3.0% of Marshall & Sterling Wealth Advisors Inc.’s holdings, making the stock its 10th largest position. Marshall & Sterling Wealth Advisors Inc.’s holdings in NEOS S&P 500 High Income ETF were worth $4,469,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Pasadena Private Wealth LLC lifted its stake in NEOS S&P 500 High Income ETF by 8.0% during the fourth quarter. Pasadena Private Wealth LLC now owns 8,177 shares of the company’s stock worth $430,000 after purchasing an additional 607 shares during the last quarter. Weaver Consulting Group lifted its stake in NEOS S&P 500 High Income ETF by 89.7% during the fourth quarter. Weaver Consulting Group now owns 10,135 shares of the company’s stock worth $532,000 after purchasing an additional 4,793 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in NEOS S&P 500 High Income ETF by 69.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 78,664 shares of the company’s stock worth $4,132,000 after purchasing an additional 32,181 shares during the last quarter. Novak & Powell Financial Services Inc. lifted its stake in NEOS S&P 500 High Income ETF by 3.5% during the fourth quarter. Novak & Powell Financial Services Inc. now owns 8,864 shares of the company’s stock worth $466,000 after purchasing an additional 303 shares during the last quarter. Finally, Foundations Investment Advisors LLC lifted its stake in NEOS S&P 500 High Income ETF by 9.6% during the fourth quarter. Foundations Investment Advisors LLC now owns 31,384 shares of the company’s stock worth $1,649,000 after purchasing an additional 2,750 shares during the last quarter.

NEOS S&P 500 High Income ETF Price Performance

BATS SPYI opened at $53.82 on Friday. The business has a fifty day moving average price of $51.73 and a two-hundred day moving average price of $52.18. NEOS S&P 500 High Income ETF has a fifty-two week low of $47.77 and a fifty-two week high of $53.96. The stock has a market capitalization of $4.44 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. SPYI was launched on Aug 30, 2022 and is managed by Neos.