Bauman Advisory Group LLC Boosts Stock Position in NEOS S&P 500 High Income ETF $SPYI

Bauman Advisory Group LLC increased its holdings in NEOS S&P 500 High Income ETF (BATS:SPYI) by 96.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 29,702 shares of the company’s stock after purchasing an additional 14,558 shares during the period. NEOS S&P 500 High Income ETF makes up about 1.0% of Bauman Advisory Group LLC’s investment portfolio, making the stock its 20th largest position. Bauman Advisory Group LLC’s holdings in NEOS S&P 500 High Income ETF were worth $1,466,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. LPL Financial LLC lifted its position in NEOS S&P 500 High Income ETF by 36.5% during the fourth quarter. LPL Financial LLC now owns 3,139,873 shares of the company’s stock valued at $164,938,000 after purchasing an additional 839,220 shares during the last quarter. Gradient Investments LLC raised its position in NEOS S&P 500 High Income ETF by 1.8% during the fourth quarter. Gradient Investments LLC now owns 1,785,248 shares of the company’s stock valued at $93,779,000 after purchasing an additional 32,277 shares during the period. UBS Group AG raised its position in NEOS S&P 500 High Income ETF by 77.9% during the fourth quarter. UBS Group AG now owns 1,054,374 shares of the company’s stock valued at $55,386,000 after purchasing an additional 461,724 shares during the period. Royal Bank of Canada lifted its stake in shares of NEOS S&P 500 High Income ETF by 80.6% in the 4th quarter. Royal Bank of Canada now owns 927,241 shares of the company’s stock valued at $48,707,000 after purchasing an additional 413,801 shares during the last quarter. Finally, MML Investors Services LLC boosted its holdings in shares of NEOS S&P 500 High Income ETF by 12.3% in the 4th quarter. MML Investors Services LLC now owns 645,689 shares of the company’s stock worth $33,918,000 after purchasing an additional 70,938 shares during the period.

NEOS S&P 500 High Income ETF Stock Performance

BATS SPYI opened at $53.53 on Friday. The business’s 50 day moving average price is $53.24 and its 200-day moving average price is $52.33. NEOS S&P 500 High Income ETF has a fifty-two week low of $47.77 and a fifty-two week high of $54.11. The company has a market cap of $4.42 billion, a P/E ratio of 25.58 and a beta of 0.71.

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.