Concurrent Investment Advisors LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 9,306 shares of the company’s stock, valued at approximately $468,000.
Other large investors have also modified their holdings of the company. Gradient Investments LLC boosted its position 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 worth $83,983,000 after acquiring an additional 26,747 shares during the last quarter. LPL Financial LLC raised its stake in NEOS S&P 500 High Income ETF by 55.2% during the first quarter. LPL Financial LLC now owns 1,290,478 shares of the company’s stock worth $61,801,000 after purchasing an additional 458,785 shares during the period. Cascade Wealth Advisors Inc boosted its holdings in shares of NEOS S&P 500 High Income ETF by 78.4% in the 1st quarter. Cascade Wealth Advisors Inc now owns 266,248 shares of the company’s stock valued at $12,335,000 after purchasing an additional 116,972 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of NEOS S&P 500 High Income ETF by 14.6% in the 1st quarter. Cetera Investment Advisers now owns 118,632 shares of the company’s stock valued at $5,681,000 after purchasing an additional 15,084 shares during the last quarter. Finally, MADDEN SECURITIES Corp grew its stake in shares of NEOS S&P 500 High Income ETF by 59.2% during the 2nd quarter. MADDEN SECURITIES Corp now owns 116,020 shares of the company’s stock valued at $5,838,000 after buying an additional 43,135 shares during the period.
NEOS S&P 500 High Income ETF Stock Up 3.1%
SPYI stock opened at $52.22 on Friday. The company has a market cap of $4.31 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. The business has a fifty day simple moving average of $51.93 and a 200-day simple moving average of $49.90. NEOS S&P 500 High Income ETF has a 52 week low of $41.60 and a 52 week high of $52.78.
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.
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