Compass Financial Management LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 19,453 shares of the company’s stock, valued at approximately $1,033,000.
Other hedge funds have also added to or reduced their stakes in the company. Royal Bank of Canada increased its holdings in shares of NEOS S&P 500 High Income ETF by 17.5% in the first quarter. Royal Bank of Canada now owns 62,184 shares of the company’s stock valued at $2,978,000 after purchasing an additional 9,262 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of NEOS S&P 500 High Income ETF by 215.1% during the 1st quarter. NewEdge Advisors LLC now owns 2,048 shares of the company’s stock worth $98,000 after buying an additional 1,398 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF during the 2nd quarter worth about $91,000. Baird Financial Group Inc. bought a new stake in shares of NEOS S&P 500 High Income ETF during the 2nd quarter worth about $704,000. Finally, Jump Financial LLC bought a new stake in shares of NEOS S&P 500 High Income ETF during the 2nd quarter worth about $1,132,000.
NEOS S&P 500 High Income ETF Stock Performance
Shares of SPYI opened at $53.46 on Monday. The firm has a market cap of $4.42 billion, a P/E 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 $54.47. The firm’s 50-day simple moving average is $53.24 and its 200 day simple moving average is $52.43.
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.
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