Marshall & Sterling Wealth Advisors Inc. Has $8.52 Million Holdings in NEOS S&P 500 High Income ETF $SPYI

Marshall & Sterling Wealth Advisors Inc. raised its holdings in NEOS S&P 500 High Income ETF (BATS:SPYI) by 102.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 172,485 shares of the company’s stock after buying an additional 87,402 shares during the quarter. NEOS S&P 500 High Income ETF accounts for about 5.6% of Marshall & Sterling Wealth Advisors Inc.’s investment portfolio, making the stock its 3rd largest position. Marshall & Sterling Wealth Advisors Inc. owned about 0.21% of NEOS S&P 500 High Income ETF worth $8,516,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. LPL Financial LLC boosted its position in shares of NEOS S&P 500 High Income ETF by 36.5% in the fourth quarter. LPL Financial LLC now owns 3,139,873 shares of the company’s stock valued at $164,938,000 after acquiring an additional 839,220 shares during the period. Gradient Investments LLC increased its position in NEOS S&P 500 High Income ETF by 1.8% during the fourth quarter. Gradient Investments LLC now owns 1,785,248 shares of the company’s stock worth $93,779,000 after acquiring an additional 32,277 shares during the period. UBS Group AG raised its stake in NEOS S&P 500 High Income ETF by 77.9% during the 4th quarter. UBS Group AG now owns 1,054,374 shares of the company’s stock valued at $55,386,000 after purchasing an additional 461,724 shares during the last quarter. Royal Bank of Canada boosted its holdings in NEOS S&P 500 High Income ETF by 80.6% in the 4th quarter. Royal Bank of Canada now owns 927,241 shares of the company’s stock valued at $48,707,000 after purchasing an additional 413,801 shares during the period. Finally, MML Investors Services LLC boosted its holdings in NEOS S&P 500 High Income ETF by 12.3% in the 4th quarter. MML Investors Services LLC now owns 645,689 shares of the company’s stock valued at $33,918,000 after purchasing an additional 70,938 shares during the period.

NEOS S&P 500 High Income ETF Stock Performance

BATS:SPYI opened at $53.07 on Friday. The firm’s 50-day moving average is $53.24 and its 200-day moving average is $52.33. NEOS S&P 500 High Income ETF has a 52-week low of $47.77 and a 52-week high of $54.11. The company has a market cap of $4.38 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71.

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.