NEOS S&P 500 High Income ETF $SPYI Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 69.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 78,664 shares of the company’s stock after purchasing an additional 32,181 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.10% of NEOS S&P 500 High Income ETF worth $4,132,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. United Community Bank acquired a new stake in shares of NEOS S&P 500 High Income ETF during the fourth quarter valued at about $26,000. HFM Investment Advisors LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF during the fourth quarter valued at about $27,000. Optima Capital LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF during the fourth quarter valued at about $37,000. Abound Wealth Management increased its position in shares of NEOS S&P 500 High Income ETF by 519.3% during the fourth quarter. Abound Wealth Management now owns 1,189 shares of the company’s stock valued at $62,000 after acquiring an additional 997 shares during the last quarter. Finally, Tucker Asset Management LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF during the fourth quarter valued at about $79,000.

NEOS S&P 500 High Income ETF Price Performance

Shares of SPYI opened at $53.98 on Friday. NEOS S&P 500 High Income ETF has a 1-year low of $47.77 and a 1-year high of $54.11. The stock has a market cap of $4.46 billion, a PE ratio of 25.58 and a beta of 0.71. The firm has a 50-day simple moving average of $52.16 and a two-hundred day simple moving average of $52.23.

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.