Kestra Private Wealth Services LLC Acquires 9,985 Shares of NEOS S&P 500 High Income ETF $SPYI

Kestra Private Wealth Services LLC lifted its holdings in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 31.3% during the first quarter, HoldingsChannel reports. The firm owned 41,935 shares of the company’s stock after acquiring an additional 9,985 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in NEOS S&P 500 High Income ETF were worth $2,070,000 as of its most recent SEC filing.

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

NEOS S&P 500 High Income ETF Price Performance

Shares of SPYI stock opened at $51.99 on Monday. The firm has a fifty day moving average of $52.99 and a 200-day moving average of $52.28. NEOS S&P 500 High Income ETF has a 12-month low of $47.77 and a 12-month high of $54.11. The company has a market capitalization of $4.29 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71.

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.