Kestra Advisory Services LLC Raises Holdings in NEOS S&P 500 High Income ETF $SPYI

Kestra Advisory Services LLC boosted its position in NEOS S&P 500 High Income ETF (BATS:SPYI) by 8.4% during the first quarter, Holdings Channel.com reports. The fund owned 223,414 shares of the company’s stock after purchasing an additional 17,367 shares during the quarter. Kestra Advisory Services LLC’s holdings in NEOS S&P 500 High Income ETF were worth $11,030,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its stake in shares of NEOS S&P 500 High Income ETF by 36.5% in the 4th quarter. LPL Financial LLC now owns 3,139,873 shares of the company’s stock valued at $164,938,000 after purchasing an additional 839,220 shares in the last quarter. UBS Group AG raised its holdings in NEOS S&P 500 High Income ETF by 77.9% in the fourth quarter. UBS Group AG now owns 1,054,374 shares of the company’s stock valued at $55,386,000 after buying an additional 461,724 shares during the period. Royal Bank of Canada raised its holdings in NEOS S&P 500 High Income ETF by 80.6% in the fourth quarter. Royal Bank of Canada now owns 927,241 shares of the company’s stock valued at $48,707,000 after buying an additional 413,801 shares during the period. Aventura Private Wealth LLC acquired a new position in NEOS S&P 500 High Income ETF during the fourth quarter valued at approximately $12,635,000. Finally, SageGuard Financial Group LLC acquired a new position in NEOS S&P 500 High Income ETF during the fourth quarter valued at approximately $8,117,000.

NEOS S&P 500 High Income ETF Price Performance

SPYI opened at $53.70 on Monday. NEOS S&P 500 High Income ETF has a 52-week low of $47.77 and a 52-week high of $54.11. The company has a 50 day moving average of $53.19 and a two-hundred day moving average of $52.31. The company has a market cap of $4.44 billion, a P/E 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. SPYI was launched on Aug 30, 2022 and is managed by Neos.