Stratos Wealth Partners LTD. Grows Stock Position in NEOS S&P 500 High Income ETF $SPYI

Stratos Wealth Partners LTD. grew its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 33.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 93,828 shares of the company’s stock after purchasing an additional 23,499 shares during the period. Stratos Wealth Partners LTD. owned approximately 0.11% of NEOS S&P 500 High Income ETF worth $4,721,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Gradient Investments LLC boosted its stake in shares of NEOS S&P 500 High Income ETF by 1.6% in the second quarter. Gradient Investments LLC now owns 1,668,983 shares of the company’s stock valued at $83,983,000 after purchasing an additional 26,747 shares during the period. LPL Financial LLC boosted its position 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 valued at $61,801,000 after buying an additional 458,785 shares during the last quarter. Second Half Financial Partners LLC grew its stake in shares of NEOS S&P 500 High Income ETF by 0.6% during the second quarter. Second Half Financial Partners LLC now owns 409,806 shares of the company’s stock valued at $20,621,000 after acquiring an additional 2,391 shares in the last quarter. Cascade Wealth Advisors Inc increased its position in shares of NEOS S&P 500 High Income ETF by 78.4% during the first quarter. Cascade Wealth Advisors Inc now owns 266,248 shares of the company’s stock worth $12,335,000 after acquiring an additional 116,972 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in shares of NEOS S&P 500 High Income ETF by 14.6% during the first quarter. Cetera Investment Advisers now owns 118,632 shares of the company’s stock worth $5,681,000 after acquiring an additional 15,084 shares during the last quarter.

NEOS S&P 500 High Income ETF Stock Performance

Shares of SPYI opened at $52.22 on Friday. The company has a market capitalization of $4.31 billion, a P/E ratio of 25.58 and a beta of 0.71. 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 50-day moving average price of $51.93 and a 200 day moving average price of $49.90.

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.