Scott Capital Advisors LLC grew its stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) by 612.0% in the third quarter, Holdings Channel.com reports. The fund owned 58,118 shares of the company’s stock after purchasing an additional 49,955 shares during the period. NEOS S&P 500 High Income ETF makes up about 0.5% of Scott Capital Advisors LLC’s holdings, making the stock its 26th largest holding. Scott Capital Advisors LLC’s holdings in NEOS S&P 500 High Income ETF were worth $3,139,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the stock. Foguth Wealth Management LLC. raised its holdings in NEOS S&P 500 High Income ETF by 927.5% in the 1st quarter. Foguth Wealth Management LLC. now owns 1,214,307 shares of the company’s stock valued at $65,439,000 after acquiring an additional 1,096,123 shares during the last quarter. Gradient Investments LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF in the third quarter worth about $58,239,000. Envestnet Asset Management Inc. boosted its stake in shares of NEOS S&P 500 High Income ETF by 62.9% in the second quarter. Envestnet Asset Management Inc. now owns 709,315 shares of the company’s stock valued at $37,658,000 after purchasing an additional 273,777 shares during the period. Independent Financial Group LLC purchased a new stake in NEOS S&P 500 High Income ETF during the 1st quarter worth approximately $8,039,000. Finally, Sentinel Advisory Group LLC bought a new stake in shares of NEOS S&P 500 High Income ETF in the 1st quarter worth about $7,495,000.
NEOS S&P 500 High Income ETF Price Performance
Shares of SPYI opened at $54.10 on Tuesday. The business’s fifty day moving average price is $53.68 and its 200 day moving average price is $52.92. NEOS S&P 500 High Income ETF has a 12-month low of $47.77 and a 12-month high of $54.47. The stock has a market capitalization of $4.47 billion, a PE ratio of 25.58 and a beta of 0.71.
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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