NEOS S&P 500 High Income ETF $SPYI Shares Purchased by Truist Financial Corp

Truist Financial Corp boosted its stake in NEOS S&P 500 High Income ETF (BATS:SPYI) by 22.7% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 24,377 shares of the company’s stock after acquiring an additional 4,508 shares during the quarter. Truist Financial Corp’s holdings in NEOS S&P 500 High Income ETF were worth $1,227,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Gradient Investments LLC grew its stake in NEOS S&P 500 High Income ETF by 1.6% in the 2nd quarter. Gradient Investments LLC now owns 1,668,983 shares of the company’s stock valued at $83,983,000 after acquiring an additional 26,747 shares during the period. LPL Financial LLC boosted its stake in NEOS S&P 500 High Income ETF by 55.2% during the 1st quarter. LPL Financial LLC now owns 1,290,478 shares of the company’s stock worth $61,801,000 after purchasing an additional 458,785 shares during the last quarter. Cascade Wealth Advisors Inc boosted its stake in NEOS S&P 500 High Income ETF by 78.4% during the 1st quarter. Cascade Wealth Advisors Inc now owns 266,248 shares of the company’s stock worth $12,335,000 after purchasing an additional 116,972 shares during the last quarter. Cetera Investment Advisers boosted its stake in NEOS S&P 500 High Income ETF by 14.6% during the 1st quarter. Cetera Investment Advisers now owns 118,632 shares of the company’s stock worth $5,681,000 after purchasing an additional 15,084 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in NEOS S&P 500 High Income ETF by 59.1% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 92,589 shares of the company’s stock worth $4,434,000 after purchasing an additional 34,396 shares during the last quarter.

NEOS S&P 500 High Income ETF Stock Up 1.6%

Shares of SPYI opened at $51.45 on Monday. NEOS S&P 500 High Income ETF has a 52-week low of $41.60 and a 52-week high of $52.78. The firm’s fifty day moving average is $51.81 and its two-hundred day moving average is $49.78. The stock has a market cap of $4.25 billion, a PE ratio of 25.58 and a beta of 0.71.

NEOS S&P 500 High Income ETF 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.