Janney Montgomery Scott LLC Buys Shares of 14,392 NEOS S&P 500 High Income ETF (BATS:SPYI)

Janney Montgomery Scott LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) in the fourth quarter, HoldingsChannel reports. The fund acquired 14,392 shares of the company’s stock, valued at approximately $731,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Creative Financial Designs Inc. ADV raised its position in shares of NEOS S&P 500 High Income ETF by 176.9% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,800 shares of the company’s stock worth $92,000 after purchasing an additional 1,150 shares during the period. Continuum Advisory LLC increased its holdings in shares of NEOS S&P 500 High Income ETF by 503.2% in the 3rd quarter. Continuum Advisory LLC now owns 2,419 shares of the company’s stock worth $127,000 after acquiring an additional 2,018 shares during the period. MCF Advisors LLC lifted its position in NEOS S&P 500 High Income ETF by 2,548.3% in the 4th quarter. MCF Advisors LLC now owns 3,072 shares of the company’s stock valued at $156,000 after purchasing an additional 2,956 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new position in NEOS S&P 500 High Income ETF in the 3rd quarter worth about $227,000. Finally, Key Client Fiduciary Advisors LLC bought a new position in NEOS S&P 500 High Income ETF in the 3rd quarter worth approximately $235,000.

NEOS S&P 500 High Income ETF Stock Performance

BATS:SPYI opened at $51.52 on Friday. The company has a market capitalization of $1.30 billion, a PE ratio of 21.64 and a beta of 0.69. The stock has a 50-day simple moving average of $51.71 and a two-hundred day simple moving average of $51.14.

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.