International Assets Investment Management LLC increased its stake in NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) by 36.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 100,491 shares of the company’s stock after purchasing an additional 27,095 shares during the period. International Assets Investment Management LLC owned 0.12% of NEOS S&P 500 High Income ETF worth $5,361,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SPYI. Foguth Wealth Management LLC. grew its stake in 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 worth $65,439,000 after buying an additional 1,096,123 shares during the last quarter. Gradient Investments LLC bought a new stake in NEOS S&P 500 High Income ETF in the third quarter valued at $58,239,000. Howard Capital Management LLC lifted its stake in 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 valued at $57,099,000 after buying an additional 75,281 shares during the last quarter. Royal Bank of Canada lifted its stake in NEOS S&P 500 High Income ETF by 14.5% in 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 last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of 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 acquiring an additional 273,777 shares during the period.
NEOS S&P 500 High Income ETF Stock Performance
Shares of SPYI opened at $51.29 on Friday. The firm has a fifty day moving average of $53.32 and a 200-day moving average of $52.69. The company 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 has a 1 year low of $47.77 and a 1 year high of $54.47.
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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