Capital Investment Advisory Services LLC Purchases Shares of 840 NEOS S&P 500 High Income ETF (BATS:SPYI)

Capital Investment Advisory Services LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 840 shares of the company’s stock, valued at approximately $40,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC grew its stake in shares of NEOS S&P 500 High Income ETF by 8,041.0% in the 4th quarter. International Assets Investment Management LLC now owns 1,321,528 shares of the company’s stock worth $63,698,000 after buying an additional 1,305,295 shares during the last quarter. Gradient Investments LLC lifted its position in NEOS S&P 500 High Income ETF by 214.8% in the 4th quarter. Gradient Investments LLC now owns 264,027 shares of the company’s stock valued at $12,726,000 after acquiring an additional 180,164 shares in the last quarter. Stifel Financial Corp bought a new position in NEOS S&P 500 High Income ETF in the 3rd quarter valued at approximately $4,481,000. Camarda Financial Advisors LLC bought a new position in NEOS S&P 500 High Income ETF in the 3rd quarter valued at approximately $2,777,000. Finally, Compass Ion Advisors LLC lifted its position in NEOS S&P 500 High Income ETF by 60.2% in the 3rd quarter. Compass Ion Advisors LLC now owns 34,775 shares of the company’s stock valued at $1,633,000 after acquiring an additional 13,072 shares in the last quarter.

NEOS S&P 500 High Income ETF Price Performance

SPYI stock opened at $48.27 on Friday. The company has a market cap of $1.05 billion, a PE ratio of 21.42 and a beta of 0.67. The company has a 50-day simple moving average of $49.70 and a 200 day simple moving average of $48.52.

NEOS S&P 500 High Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 22nd. Stockholders of record on Thursday, March 21st were issued a dividend of $0.5014 per share. This is a boost from NEOS S&P 500 High Income ETF’s previous dividend of $0.48. The ex-dividend date of this dividend was Wednesday, March 20th.

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.