NEOS S&P 500 High Income ETF $SPYI Position Increased by Jupiter Wealth Management LLC

Jupiter Wealth Management LLC grew its position in NEOS S&P 500 High Income ETF (BATS:SPYI) by 16.6% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 18,999 shares of the company’s stock after purchasing an additional 2,700 shares during the period. Jupiter Wealth Management LLC’s holdings in NEOS S&P 500 High Income ETF were worth $943,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. SCS Capital Management LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF in the 1st quarter valued at approximately $2,825,000. Semmax Financial Advisors Inc. acquired a new stake in NEOS S&P 500 High Income ETF during the 1st quarter valued at $102,000. Arete Wealth Advisors LLC lifted its holdings in shares of NEOS S&P 500 High Income ETF by 18.7% in the first quarter. Arete Wealth Advisors LLC now owns 16,977 shares of the company’s stock valued at $813,000 after purchasing an additional 2,679 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of NEOS S&P 500 High Income ETF by 215.1% in the first quarter. NewEdge Advisors LLC now owns 2,048 shares of the company’s stock valued at $98,000 after purchasing an additional 1,398 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF in the first quarter worth $201,000.

NEOS S&P 500 High Income ETF Trading Up 2.3%

Shares of SPYI stock opened at $51.83 on Wednesday. The company has a market capitalization of $4.28 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a 1-year low of $41.60 and a 1-year high of $52.78. The stock’s fifty day simple moving average is $51.14 and its 200-day simple moving average is $49.33.

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.