Janney Montgomery Scott LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) 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.
Further Reading
- Five stocks we like better than NEOS S&P 500 High Income ETF
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- IBM’s AI Bet Pays Off—What’s Next for Investors?
- How to Short a Stock in 5 Easy Steps
- 3 Reasons to Treat AMD’s Drop as an Entry Opportunity
- Expert Stock Trading Psychology Tips
- Qualcomm’s Post-Earnings Dip: A Prime Buying Opportunity?
Want to see what other hedge funds are holding SPYI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report).
Receive News & Ratings for NEOS S&P 500 High Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEOS S&P 500 High Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
