Waverly Advisors LLC Grows Position in NEOS S&P 500 High Income ETF $SPYI

Waverly Advisors LLC grew its holdings in NEOS S&P 500 High Income ETF (BATS:SPYIFree Report) by 39.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 105,494 shares of the company’s stock after buying an additional 29,929 shares during the period. Waverly Advisors LLC’s holdings in NEOS S&P 500 High Income ETF were worth $5,208,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. United Community Bank acquired a new position in NEOS S&P 500 High Income ETF during the fourth quarter worth about $26,000. HFM Investment Advisors LLC purchased a new stake in NEOS S&P 500 High Income ETF during the 4th quarter valued at about $27,000. Root Financial Partners LLC raised its holdings in NEOS S&P 500 High Income ETF by 79.2% in the 1st quarter. Root Financial Partners LLC now owns 577 shares of the company’s stock valued at $28,000 after acquiring an additional 255 shares during the last quarter. Optima Capital LLC acquired a new stake in NEOS S&P 500 High Income ETF in the 4th quarter valued at about $37,000. Finally, Advocate Investing Services LLC acquired a new stake in NEOS S&P 500 High Income ETF in the 1st quarter valued at about $39,000.

NEOS S&P 500 High Income ETF Price Performance

SPYI opened at $52.46 on Wednesday. The firm has a market capitalization of $4.33 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. The company’s 50 day simple moving average is $53.11 and its two-hundred day simple moving average is $52.32. NEOS S&P 500 High Income ETF has a 1-year low of $47.77 and a 1-year high of $54.11.

About NEOS S&P 500 High Income ETF

(Free Report)

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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Institutional Ownership by Quarter for NEOS S&P 500 High Income ETF (BATS:SPYI)

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