Cascade Wealth Advisors Inc Purchases 10,468 Shares of NEOS S&P 500 High Income ETF $SPYI

Cascade Wealth Advisors Inc increased its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 3.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 340,419 shares of the company’s stock after purchasing an additional 10,468 shares during the period. NEOS S&P 500 High Income ETF accounts for about 7.3% of Cascade Wealth Advisors Inc’s holdings, making the stock its 2nd biggest holding. Cascade Wealth Advisors Inc owned approximately 0.41% of NEOS S&P 500 High Income ETF worth $18,182,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of SPYI. Pacific Point Advisors LLC acquired a new position in NEOS S&P 500 High Income ETF in the fourth quarter valued at approximately $1,158,000. CCG Wealth Management LLC acquired a new stake in NEOS S&P 500 High Income ETF during the fourth quarter worth $778,000. Capital Investment Advisory Services LLC increased its stake in NEOS S&P 500 High Income ETF by 53.7% during the fourth quarter. Capital Investment Advisory Services LLC now owns 154,527 shares of the company’s stock worth $8,117,000 after acquiring an additional 54,021 shares during the last quarter. Bay Capital Advisors LLC purchased a new stake in NEOS S&P 500 High Income ETF in the fourth quarter valued at $803,000. Finally, BCS Wealth Management raised its position in NEOS S&P 500 High Income ETF by 157.0% in the fourth quarter. BCS Wealth Management now owns 20,030 shares of the company’s stock valued at $1,052,000 after purchasing an additional 12,237 shares during the period.

NEOS S&P 500 High Income ETF Stock Up 0.8%

Shares of NEOS S&P 500 High Income ETF stock opened at $53.43 on Wednesday. The firm has a market cap of $4.41 billion, a PE ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a 52 week low of $47.77 and a 52 week high of $54.11. The business’s fifty day simple moving average is $53.23 and its 200-day simple moving average is $52.34.

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.