NEOS S&P 500 High Income ETF $SPYI Shares Acquired by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC grew its holdings in NEOS S&P 500 High Income ETF (BATS:SPYI) by 18.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,977 shares of the company’s stock after purchasing an additional 2,679 shares during the quarter. Arete Wealth Advisors LLC’s holdings in NEOS S&P 500 High Income ETF were worth $813,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Janney Montgomery Scott LLC grew its position in shares of NEOS S&P 500 High Income ETF by 16.1% in the first quarter. Janney Montgomery Scott LLC now owns 16,709 shares of the company’s stock valued at $800,000 after purchasing an additional 2,317 shares during the last quarter. Bank of America Corp DE acquired a new stake in shares of NEOS S&P 500 High Income ETF in the fourth quarter valued at approximately $220,000. Kingswood Wealth Advisors LLC boosted its position in NEOS S&P 500 High Income ETF by 33.5% during the first quarter. Kingswood Wealth Advisors LLC now owns 10,872 shares of the company’s stock worth $521,000 after acquiring an additional 2,727 shares during the last quarter. Brown Advisory Inc. boosted its position in NEOS S&P 500 High Income ETF by 16.4% during the first quarter. Brown Advisory Inc. now owns 9,748 shares of the company’s stock worth $467,000 after acquiring an additional 1,370 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in NEOS S&P 500 High Income ETF by 7.4% during the fourth quarter. Ameriprise Financial Inc. now owns 55,316 shares of the company’s stock worth $2,811,000 after acquiring an additional 3,830 shares during the last quarter.

NEOS S&P 500 High Income ETF Stock Performance

Shares of BATS SPYI opened at $51.83 on Wednesday. NEOS S&P 500 High Income ETF has a 1 year low of $41.60 and a 1 year high of $52.78. The firm’s 50 day moving average price is $51.14 and its 200 day moving average price is $49.33. The firm has a market cap of $4.28 billion, a P/E 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.