MADDEN SECURITIES Corp Increases Stock Holdings in NEOS S&P 500 High Income ETF $SPYI

MADDEN SECURITIES Corp lifted its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 20.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 426,007 shares of the company’s stock after buying an additional 73,152 shares during the quarter. NEOS S&P 500 High Income ETF makes up 6.8% of MADDEN SECURITIES Corp’s holdings, making the stock its largest holding. MADDEN SECURITIES Corp owned about 0.52% of NEOS S&P 500 High Income ETF worth $22,378,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. NewEdge Wealth LLC boosted its position in NEOS S&P 500 High Income ETF by 2.4% during the fourth quarter. NewEdge Wealth LLC now owns 13,053 shares of the company’s stock valued at $686,000 after purchasing an additional 300 shares in the last quarter. Diversify Wealth Management LLC boosted its holdings in NEOS S&P 500 High Income ETF by 3.0% in the fourth quarter. Diversify Wealth Management LLC now owns 23,487 shares of the company’s stock worth $1,249,000 after acquiring an additional 678 shares in the last quarter. MGO One Seven LLC boosted its holdings in NEOS S&P 500 High Income ETF by 2,629.2% in the fourth quarter. MGO One Seven LLC now owns 139,954 shares of the company’s stock worth $7,352,000 after acquiring an additional 134,826 shares in the last quarter. Marmo Financial Group LLC acquired a new stake in NEOS S&P 500 High Income ETF in the fourth quarter worth about $260,000. Finally, Encompass More Asset Management purchased a new position in shares of NEOS S&P 500 High Income ETF in the fourth quarter worth about $430,000.

NEOS S&P 500 High Income ETF Stock Performance

Shares of SPYI stock opened at $53.41 on Monday. The stock has a 50 day moving average of $51.16 and a 200 day moving average of $52.08. The stock has a market cap of $4.41 billion, a P/E ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a twelve month low of $47.77 and a twelve month high of $53.42.

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.