Perennial Investment Advisors LLC Acquires 41,925 Shares of NEOS S&P 500 High Income ETF $SPYI

Perennial Investment Advisors LLC increased its stake in NEOS S&P 500 High Income ETF (BATS:SPYI) by 787.0% during the second quarter, according to its most recent filing with the SEC. The fund owned 47,252 shares of the company’s stock after buying an additional 41,925 shares during the quarter. Perennial Investment Advisors LLC owned 0.06% of NEOS S&P 500 High Income ETF worth $2,378,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. CWM LLC raised its position in NEOS S&P 500 High Income ETF by 493.4% in the first quarter. CWM LLC now owns 2,510 shares of the company’s stock worth $120,000 after acquiring an additional 2,087 shares during the period. Kingsview Wealth Management LLC purchased a new position in NEOS S&P 500 High Income ETF in the first quarter valued at approximately $518,000. Montag A & Associates Inc. grew its holdings in NEOS S&P 500 High Income ETF by 168.2% during the first quarter. Montag A & Associates Inc. now owns 3,202 shares of the company’s stock valued at $153,000 after purchasing an additional 2,008 shares during the period. PFG Advisors increased its position in NEOS S&P 500 High Income ETF by 4.5% in the first quarter. PFG Advisors now owns 6,108 shares of the company’s stock worth $292,000 after buying an additional 261 shares during the last quarter. Finally, MCF Advisors LLC raised its stake in shares of NEOS S&P 500 High Income ETF by 58.5% in the first quarter. MCF Advisors LLC now owns 4,868 shares of the company’s stock valued at $233,000 after buying an additional 1,796 shares during the period.

NEOS S&P 500 High Income ETF Stock Performance

SPYI stock opened at $51.86 on Tuesday. NEOS S&P 500 High Income ETF has a fifty-two week low of $41.60 and a fifty-two week high of $52.78. The stock has a fifty day moving average of $52.38 and a 200-day moving average of $51.00. 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 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.