NEOS S&P 500 High Income ETF $SPYI Stock: Capital Investment Advisors LLC Raises Stake

Capital Investment Advisors LLC grew its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 15.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 122,669 shares of the company’s stock after purchasing an additional 16,523 shares during the period. Capital Investment Advisors LLC’s holdings in NEOS S&P 500 High Income ETF were worth $6,522,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vision Financial Markets LLC bought a new stake in NEOS S&P 500 High Income ETF during the third quarter valued at approximately $28,000. MBL Wealth LLC increased its stake in NEOS S&P 500 High Income ETF by 44.7% in the 3rd quarter. MBL Wealth LLC now owns 21,700 shares of the company’s stock worth $1,154,000 after buying an additional 6,700 shares during the period. Royal Fund Management LLC lifted its position in shares of NEOS S&P 500 High Income ETF by 29.1% in the 3rd quarter. Royal Fund Management LLC now owns 7,979 shares of the company’s stock worth $424,000 after purchasing an additional 1,800 shares during the period. Brookstone Capital Management grew its position in shares of NEOS S&P 500 High Income ETF by 16.4% in the 3rd quarter. Brookstone Capital Management now owns 60,604 shares of the company’s stock worth $3,222,000 after buying an additional 8,555 shares during the last quarter. Finally, Root Financial Partners LLC purchased a new position in shares of NEOS S&P 500 High Income ETF in the 3rd quarter valued at approximately $61,000.

NEOS S&P 500 High Income ETF Price Performance

Shares of NEOS S&P 500 High Income ETF stock opened at $52.64 on Friday. The stock has a market cap of $4.35 billion, a PE ratio of 25.58 and a beta of 0.71. The firm has a fifty day moving average price of $53.55 and a 200 day moving average price of $53.16. NEOS S&P 500 High Income ETF has a 1 year low of $47.77 and a 1 year high of $54.47.

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.