Kestra Advisory Services LLC boosted its position in NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) by 41.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 394,507 shares of the company’s stock after purchasing an additional 114,706 shares during the quarter. Kestra Advisory Services LLC owned about 0.48% of NEOS S&P 500 High Income ETF worth $20,976,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also bought and sold shares of the company. Foguth Wealth Management LLC. grew its position in shares of NEOS S&P 500 High Income ETF by 927.5% during the 1st quarter. Foguth Wealth Management LLC. now owns 1,214,307 shares of the company’s stock valued at $65,439,000 after purchasing an additional 1,096,123 shares in 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 $58,239,000. Howard Capital Management LLC raised its position in shares of NEOS S&P 500 High Income ETF by 7.5% in the third quarter. Howard Capital Management LLC now owns 1,073,896 shares of the company’s stock worth $57,099,000 after buying an additional 75,281 shares in the last quarter. Royal Bank of Canada boosted its stake in NEOS S&P 500 High Income ETF by 14.5% during the first quarter. Royal Bank of Canada now owns 1,061,491 shares of the company’s stock valued at $52,406,000 after buying an additional 134,250 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in NEOS S&P 500 High Income ETF by 62.9% during the second quarter. Envestnet Asset Management Inc. now owns 709,315 shares of the company’s stock valued at $37,658,000 after buying an additional 273,777 shares during the period.
NEOS S&P 500 High Income ETF Stock Up 0.3%
NEOS S&P 500 High Income ETF stock opened at $51.29 on Friday. NEOS S&P 500 High Income ETF has a 52 week low of $47.77 and a 52 week high of $54.47. The business has a 50-day simple moving average of $53.32 and a 200 day simple moving average of $52.69. The stock has a market cap of $4.24 billion, a price-to-earnings 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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