NewEdge Advisors LLC lifted its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) by 258.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,708 shares of the company’s stock after acquiring an additional 14,926 shares during the quarter. NewEdge Advisors LLC’s holdings in NEOS S&P 500 High Income ETF were worth $1,022,000 as of its most recent SEC filing.
A number of other institutional investors have also recently modified their holdings of the business. Royal Bank of Canada grew its holdings in NEOS S&P 500 High Income ETF by 17.5% in the first quarter. Royal Bank of Canada now owns 62,184 shares of the company’s stock valued at $2,978,000 after purchasing an additional 9,262 shares during the period. EverSource Wealth Advisors LLC purchased a new position in shares of NEOS S&P 500 High Income ETF during the 2nd quarter valued at approximately $91,000. Baird Financial Group Inc. purchased a new position in shares of NEOS S&P 500 High Income ETF during the 2nd quarter valued at approximately $704,000. Jump Financial LLC acquired a new stake in NEOS S&P 500 High Income ETF in the 2nd quarter valued at $1,132,000. Finally, Ieq Capital LLC acquired a new stake in NEOS S&P 500 High Income ETF in the 2nd quarter valued at $1,912,000.
NEOS S&P 500 High Income ETF Stock Performance
Shares of BATS SPYI opened at $54.04 on Wednesday. The firm has a fifty day moving average of $53.19 and a 200 day moving average of $52.42. The firm has a market cap of $4.46 billion, a PE ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a one year low of $47.77 and a one year high of $54.47.
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. SPYI was launched on Aug 30, 2022 and is managed by Neos.
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