Sound Income Strategies LLC grew its holdings in NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) by 383.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 87,262 shares of the company’s stock after buying an additional 69,230 shares during the period. Sound Income Strategies LLC owned 0.11% of NEOS S&P 500 High Income ETF worth $4,332,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. United Community Bank acquired a new stake in NEOS S&P 500 High Income ETF in the 4th quarter valued at about $26,000. HFM Investment Advisors LLC acquired a new position in shares of NEOS S&P 500 High Income ETF during the 4th quarter worth approximately $27,000. Root Financial Partners LLC boosted its holdings in shares of NEOS S&P 500 High Income ETF by 79.2% during the 1st quarter. Root Financial Partners LLC now owns 577 shares of the company’s stock worth $28,000 after purchasing an additional 255 shares during the last quarter. Optima Capital LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF in the fourth quarter valued at approximately $37,000. Finally, Advocate Investing Services LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF in the first quarter valued at approximately $39,000.
NEOS S&P 500 High Income ETF Stock Performance
Shares of NEOS S&P 500 High Income ETF stock opened at $53.06 on Friday. NEOS S&P 500 High Income ETF has a one year low of $47.77 and a one year high of $54.11. The company has a market cap of $4.38 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. The business’s 50 day moving average price is $53.04 and its 200 day moving average price is $52.28.
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.
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