NEOS S&P 500 High Income ETF $SPYI Stock: Teamwork Financial Advisors LLC Decreases Stake

Teamwork Financial Advisors LLC trimmed its holdings in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 91.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,529 shares of the company’s stock after selling 143,334 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in NEOS S&P 500 High Income ETF were worth $719,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in SPYI. Roble Belko & Company Inc grew its holdings in shares of NEOS S&P 500 High Income ETF by 50.8% in the second quarter. Roble Belko & Company Inc now owns 594 shares of the company’s stock worth $32,000 after purchasing an additional 200 shares during the last quarter. Accel Wealth Management increased its stake in NEOS S&P 500 High Income ETF by 2.0% in the 3rd quarter. Accel Wealth Management now owns 10,984 shares of the company’s stock worth $584,000 after buying an additional 215 shares during the period. GHP Investment Advisors Inc. lifted its holdings in NEOS S&P 500 High Income ETF by 8.5% during the 1st quarter. GHP Investment Advisors Inc. now owns 2,877 shares of the company’s stock valued at $142,000 after buying an additional 226 shares in the last quarter. Pasadena Private Wealth LLC lifted its holdings in NEOS S&P 500 High Income ETF by 2.9% during the 1st quarter. Pasadena Private Wealth LLC now owns 8,417 shares of the company’s stock valued at $416,000 after buying an additional 240 shares in the last quarter. Finally, Root Financial Partners LLC lifted its holdings in NEOS S&P 500 High Income ETF by 79.2% during the 1st quarter. Root Financial Partners LLC now owns 577 shares of the company’s stock valued at $28,000 after buying an additional 255 shares in the last quarter.

NEOS S&P 500 High Income ETF Stock Performance

NEOS S&P 500 High Income ETF stock traded up $0.19 during trading hours on Monday, hitting $53.54. The company had a trading volume of 3,079,104 shares, compared to its average volume of 3,504,600. The firm has a market cap of $4.42 billion, a P/E ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a 1 year low of $47.77 and a 1 year high of $54.47. The company has a 50-day moving average price of $53.66 and a two-hundred day moving average price of $53.06.

About NEOS S&P 500 High Income ETF

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.