Insigneo Advisory Services LLC Purchases 5,408 Shares of NEOS S&P 500 High Income ETF (BATS:SPYI)

Insigneo Advisory Services LLC increased its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 18.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,122 shares of the company’s stock after purchasing an additional 5,408 shares during the period. Insigneo Advisory Services LLC’s holdings in NEOS S&P 500 High Income ETF were worth $1,682,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Wellington Wealth Strategies LLC. bought a new stake in NEOS S&P 500 High Income ETF in the fourth quarter valued at $40,000. City State Bank bought a new stake in NEOS S&P 500 High Income ETF in the first quarter valued at $48,000. Anfield Capital Management LLC bought a new stake in NEOS S&P 500 High Income ETF in the fourth quarter valued at $55,000. Montag A & Associates Inc. grew its position in NEOS S&P 500 High Income ETF by 27.8% in the fourth quarter. Montag A & Associates Inc. now owns 1,194 shares of the company’s stock valued at $61,000 after acquiring an additional 260 shares during the period. Finally, Continuum Advisory LLC grew its position in NEOS S&P 500 High Income ETF by 8.3% in the fourth quarter. Continuum Advisory LLC now owns 2,619 shares of the company’s stock valued at $133,000 after acquiring an additional 200 shares during the period.

NEOS S&P 500 High Income ETF Price Performance

Shares of BATS:SPYI opened at $49.90 on Tuesday. The business’s fifty day moving average price is $48.01 and its two-hundred day moving average price is $49.68. 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 market capitalization of $3.72 billion, a price-to-earnings ratio of 24.91 and a beta of 0.70.

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.