World Investment Advisors Buys 60,853 Shares of NEOS S&P 500 High Income ETF $SPYI

World Investment Advisors grew its stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 1,374.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,282 shares of the company’s stock after buying an additional 60,853 shares during the period. World Investment Advisors owned 0.08% of NEOS S&P 500 High Income ETF worth $3,223,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. United Community Bank bought a new stake in NEOS S&P 500 High Income ETF during the 4th quarter worth approximately $26,000. HFM Investment Advisors LLC bought a new position in shares of NEOS S&P 500 High Income ETF in the fourth quarter worth approximately $27,000. Root Financial Partners LLC boosted its position in shares of NEOS S&P 500 High Income ETF by 79.2% in the first quarter. Root Financial Partners LLC now owns 577 shares of the company’s stock worth $28,000 after purchasing an additional 255 shares during the period. Optima Capital LLC bought a new position in shares of NEOS S&P 500 High Income ETF in the fourth quarter worth approximately $37,000. Finally, Wells Fargo & Company MN increased its stake in shares of NEOS S&P 500 High Income ETF by 503.0% in the fourth quarter. Wells Fargo & Company MN now owns 796 shares of the company’s stock worth $42,000 after purchasing an additional 664 shares in the last quarter.

NEOS S&P 500 High Income ETF Price Performance

Shares of SPYI stock opened at $53.06 on Monday. The company has a market capitalization of $4.38 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a one year low of $47.77 and a one year high of $54.11. The company’s fifty day moving average price is $53.06 and its 200-day moving average price is $52.29.

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. SPYI was launched on Aug 30, 2022 and is managed by Neos.