NEOS S&P 500 High Income ETF $SPYI Stake Lifted by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC increased its holdings in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 216.3% during the third quarter, Holdings Channel.com reports. The firm owned 19,701 shares of the company’s stock after buying an additional 13,472 shares during the period. Soltis Investment Advisors LLC’s holdings in NEOS S&P 500 High Income ETF were worth $1,047,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Foguth Wealth Management LLC. lifted its holdings in NEOS S&P 500 High Income ETF by 927.5% during the first quarter. Foguth Wealth Management LLC. now owns 1,214,307 shares of the company’s stock worth $65,439,000 after buying an additional 1,096,123 shares during the period. Gradient Investments LLC purchased a new position in shares of NEOS S&P 500 High Income ETF in the 3rd quarter valued at $58,239,000. Howard Capital Management LLC increased its holdings in shares of NEOS S&P 500 High Income ETF by 7.5% in the 3rd quarter. Howard Capital Management LLC now owns 1,073,896 shares of the company’s stock valued at $57,099,000 after acquiring an additional 75,281 shares during the period. Royal Bank of Canada increased its holdings in shares of NEOS S&P 500 High Income ETF by 14.5% in the 1st quarter. Royal Bank of Canada now owns 1,061,491 shares of the company’s stock valued at $52,406,000 after acquiring an additional 134,250 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in shares of NEOS S&P 500 High Income ETF by 62.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 709,315 shares of the company’s stock worth $37,658,000 after acquiring an additional 273,777 shares in the last quarter.

NEOS S&P 500 High Income ETF Trading Down 1.6%

SPYI opened at $52.42 on Friday. The firm has a market cap of $4.33 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. 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 fifty day moving average price of $53.48 and a 200-day moving average price of $52.72.

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.