Moran Wealth Management LLC Raises Holdings in NEOS S&P 500 High Income ETF $SPYI

Moran Wealth Management LLC increased its stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYIFree Report) by 296.9% during the 1st quarter, Holdings Channel.com reports. The fund owned 51,793 shares of the company’s stock after purchasing an additional 38,744 shares during the quarter. Moran Wealth Management LLC’s holdings in NEOS S&P 500 High Income ETF were worth $2,557,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of SPYI. United Community Bank bought a new stake in NEOS S&P 500 High Income ETF in the fourth quarter valued at approximately $26,000. HFM Investment Advisors LLC bought a new position in shares of NEOS S&P 500 High Income ETF in the fourth quarter worth approximately $27,000. Root Financial Partners LLC grew its holdings in shares of NEOS S&P 500 High Income ETF by 79.2% in the first quarter. Root Financial Partners LLC now owns 577 shares of the company’s stock worth $28,000 after purchasing an additional 255 shares during the last quarter. Optima Capital LLC purchased a new position in shares of NEOS S&P 500 High Income ETF in the fourth quarter worth $37,000. Finally, Wells Fargo & Company MN increased its stake in shares of NEOS S&P 500 High Income ETF by 503.0% in the fourth quarter. Wells Fargo & Company MN now owns 796 shares of the company’s stock worth $42,000 after buying an additional 664 shares during the period.

NEOS S&P 500 High Income ETF Price Performance

BATS:SPYI opened at $53.06 on Monday. The company has a fifty day moving average of $53.06 and a 200 day moving average of $52.29. NEOS S&P 500 High Income ETF has a 52 week low of $47.77 and a 52 week high of $54.11. The firm has a market capitalization of $4.38 billion, a P/E ratio of 25.58 and a beta of 0.71.

NEOS S&P 500 High Income ETF Company Profile

(Free Report)

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.

See Also

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:SPYIFree Report).

Institutional Ownership by Quarter for NEOS S&P 500 High Income ETF (BATS:SPYI)

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