Verus Capital Partners LLC Sells 10,397 Shares of NEOS S&P 500 High Income ETF $SPYI

Verus Capital Partners LLC cut its position in NEOS S&P 500 High Income ETF (BATS:SPYI) by 18.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,247 shares of the company’s stock after selling 10,397 shares during the period. Verus Capital Partners LLC’s holdings in NEOS S&P 500 High Income ETF were worth $2,333,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Pacific Point Advisors LLC acquired a new stake in NEOS S&P 500 High Income ETF during the 4th quarter valued at $1,158,000. CCG Wealth Management LLC acquired a new position in NEOS S&P 500 High Income ETF in the fourth quarter worth $778,000. Capital Investment Advisory Services LLC boosted its stake in NEOS S&P 500 High Income ETF by 53.7% in the fourth quarter. Capital Investment Advisory Services LLC now owns 154,527 shares of the company’s stock worth $8,117,000 after purchasing an additional 54,021 shares in the last quarter. BCS Wealth Management grew its holdings in shares of NEOS S&P 500 High Income ETF by 157.0% during the fourth quarter. BCS Wealth Management now owns 20,030 shares of the company’s stock worth $1,052,000 after purchasing an additional 12,237 shares during the last quarter. Finally, Apollon Wealth Management LLC grew its holdings in shares of NEOS S&P 500 High Income ETF by 135.5% during the fourth quarter. Apollon Wealth Management LLC now owns 114,601 shares of the company’s stock worth $6,020,000 after purchasing an additional 65,935 shares during the last quarter.

NEOS S&P 500 High Income ETF Stock Performance

Shares of BATS:SPYI opened at $52.86 on Friday. NEOS S&P 500 High Income ETF has a twelve month low of $47.77 and a twelve month high of $54.11. The firm has a market cap of $4.37 billion, a PE ratio of 25.58 and a beta of 0.71. The business has a fifty day moving average of $53.06 and a 200-day moving average of $52.31.

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.