Renaissance Technologies LLC grew its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) by 2.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 225,600 shares of the company’s stock after purchasing an additional 5,000 shares during the period. Renaissance Technologies LLC’s holdings in NEOS S&P 500 High Income ETF were worth $11,314,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. Traynor Capital Management Inc. grew its position in NEOS S&P 500 High Income ETF by 3.9% in the first quarter. Traynor Capital Management Inc. now owns 6,450 shares of the company’s stock worth $325,000 after acquiring an additional 242 shares in the last quarter. Willner & Heller LLC bought a new stake in NEOS S&P 500 High Income ETF in the fourth quarter worth $761,000. Avantax Advisory Services Inc. bought a new stake in NEOS S&P 500 High Income ETF in the first quarter worth $300,000. B. Riley Wealth Advisors Inc. bought a new stake in NEOS S&P 500 High Income ETF in the fourth quarter worth $215,000. Finally, Claro Advisors LLC bought a new stake in NEOS S&P 500 High Income ETF in the first quarter worth $761,000.
NEOS S&P 500 High Income ETF Price Performance
NEOS S&P 500 High Income ETF stock opened at $51.49 on Tuesday. The company has a market capitalization of $1.30 billion, a P/E ratio of 21.64 and a beta of 0.69. The stock has a fifty day simple moving average of $50.12 and a two-hundred day simple moving average of $49.94.
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.
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