Milestone Asset Management LLC Raises Holdings in NEOS S&P 500 High Income ETF (BATS:SPYI)

Milestone Asset Management LLC grew its position in NEOS S&P 500 High Income ETF (BATS:SPYI) by 47.7% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 15,465 shares of the company’s stock after purchasing an additional 4,992 shares during the quarter. Milestone Asset Management LLC’s holdings in NEOS S&P 500 High Income ETF were worth $741,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in SPYI. Private Advisor Group LLC lifted its holdings in shares of NEOS S&P 500 High Income ETF by 397.8% in the 4th quarter. Private Advisor Group LLC now owns 664,748 shares of the company’s stock worth $33,783,000 after buying an additional 531,207 shares during the period. Second Half Financial Partners LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF in the 4th quarter worth $23,072,000. LPL Financial LLC lifted its holdings in shares of NEOS S&P 500 High Income ETF by 27.1% in the 4th quarter. LPL Financial LLC now owns 831,693 shares of the company’s stock worth $42,267,000 after buying an additional 177,419 shares during the period. Mattson Financial Services LLC lifted its holdings in shares of NEOS S&P 500 High Income ETF by 1,948.6% in the 4th quarter. Mattson Financial Services LLC now owns 168,173 shares of the company’s stock worth $8,616,000 after buying an additional 159,964 shares during the period. Finally, Stifel Financial Corp lifted its holdings in shares of NEOS S&P 500 High Income ETF by 16.2% in the 4th quarter. Stifel Financial Corp now owns 503,357 shares of the company’s stock worth $25,581,000 after buying an additional 69,992 shares during the period.

NEOS S&P 500 High Income ETF Price Performance

Shares of BATS SPYI opened at $49.05 on Monday. The stock has a market capitalization of $3.66 billion, a P/E ratio of 24.91 and a beta of 0.70. NEOS S&P 500 High Income ETF has a 1-year low of $41.60 and a 1-year high of $52.78. The business has a fifty day moving average price of $47.26 and a 200 day moving average price of $49.87.

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.