15,106 Shares in NEOS S&P 500 High Income ETF (BATS:SPYI) Purchased by Claro Advisors LLC

Claro Advisors LLC bought a new position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 15,106 shares of the company’s stock, valued at approximately $761,000.

Several other institutional investors have also recently made changes to their positions in SPYI. Traynor Capital Management Inc. lifted its position in NEOS S&P 500 High Income ETF by 3.9% during the first quarter. Traynor Capital Management Inc. now owns 6,450 shares of the company’s stock valued at $325,000 after buying an additional 242 shares during the period. Capital Investment Advisory Services LLC bought a new position in shares of NEOS S&P 500 High Income ETF in the 4th quarter worth about $40,000. CWM LLC purchased a new position in NEOS S&P 500 High Income ETF during the 4th quarter valued at about $100,000. Delta Investment Management LLC boosted its stake in NEOS S&P 500 High Income ETF by 6.9% during the fourth quarter. Delta Investment Management LLC now owns 33,602 shares of the company’s stock worth $1,620,000 after acquiring an additional 2,173 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. purchased a new stake in shares of NEOS S&P 500 High Income ETF in the 4th quarter worth approximately $215,000.

NEOS S&P 500 High Income ETF Trading Up 0.3 %

Shares of NEOS S&P 500 High Income ETF stock opened at $50.28 on Tuesday. The company has a market cap of $1.27 billion, a PE ratio of 21.64 and a beta of 0.69. The stock has a 50-day moving average price of $49.68 and a 200-day moving average price of $49.37.

NEOS S&P 500 High Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, May 24th. Investors of record on Thursday, May 23rd were issued a $0.4997 dividend. The ex-dividend date of this dividend was Wednesday, May 22nd.

About NEOS S&P 500 High Income ETF

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.