City State Bank increased its stake in NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) by 100.0% in the second quarter, Holdings Channel.com reports. The firm owned 2,000 shares of the company’s stock after purchasing an additional 1,000 shares during the quarter. City State Bank’s holdings in NEOS S&P 500 High Income ETF were worth $101,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SPYI. LPL Financial LLC boosted its stake in NEOS S&P 500 High Income ETF by 55.2% in the 1st quarter. LPL Financial LLC now owns 1,290,478 shares of the company’s stock worth $61,801,000 after purchasing an additional 458,785 shares during the period. Cascade Wealth Advisors Inc boosted its stake in NEOS S&P 500 High Income ETF by 78.4% in the 1st quarter. Cascade Wealth Advisors Inc now owns 266,248 shares of the company’s stock worth $12,335,000 after purchasing an additional 116,972 shares during the period. American Alpha Advisors LLC acquired a new position in NEOS S&P 500 High Income ETF in the 1st quarter worth $4,243,000. Teamwork Financial Advisors LLC acquired a new position in NEOS S&P 500 High Income ETF in the 2nd quarter worth $4,439,000. Finally, 3EDGE Asset Management LP bought a new stake in NEOS S&P 500 High Income ETF during the 1st quarter worth about $3,908,000.
NEOS S&P 500 High Income ETF Price Performance
Shares of BATS:SPYI opened at $52.55 on Friday. The company’s 50-day moving average price is $52.00 and its two-hundred day moving average price is $50.23. NEOS S&P 500 High Income ETF has a one year low of $41.60 and a one year high of $52.78. The stock has a market capitalization of $4.34 billion, a PE ratio of 25.58 and a beta of 0.71.
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.
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Want to see what other hedge funds are holding SPYI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report).
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