Royal Bank of Canada Buys 134,250 Shares of NEOS S&P 500 High Income ETF $SPYI

Royal Bank of Canada increased its stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYIFree Report) by 14.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,061,491 shares of the company’s stock after buying an additional 134,250 shares during the quarter. Royal Bank of Canada owned about 1.29% of NEOS S&P 500 High Income ETF worth $52,406,000 at the end of the most recent reporting period.

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

NEOS S&P 500 High Income ETF Price Performance

Shares of NEOS S&P 500 High Income ETF stock opened at $52.86 on Monday. The company has a market capitalization of $4.37 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a 12-month low of $47.77 and a 12-month high of $54.11. The firm’s 50-day moving average price is $53.06 and its two-hundred day moving average price is $52.31.

NEOS S&P 500 High Income ETF Company Profile

(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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