NEOS S&P 500 High Income ETF $SPYI Shares Bought by HBW Advisory Services LLC

HBW Advisory Services LLC grew its holdings in NEOS S&P 500 High Income ETF (BATS:SPYI) by 19.7% during the first quarter, HoldingsChannel reports. The firm owned 96,087 shares of the company’s stock after acquiring an additional 15,827 shares during the period. HBW Advisory Services LLC’s holdings in NEOS S&P 500 High Income ETF were worth $4,744,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Principal Financial Group Inc. grew its position in shares of NEOS S&P 500 High Income ETF by 67.5% in the first quarter. Principal Financial Group Inc. now owns 52,563 shares of the company’s stock valued at $2,595,000 after purchasing an additional 21,178 shares in the last quarter. CAP Partners LLC lifted its position in NEOS S&P 500 High Income ETF by 9.8% during the first quarter. CAP Partners LLC now owns 31,080 shares of the company’s stock worth $1,534,000 after buying an additional 2,786 shares in the last quarter. International Assets Investment Management LLC lifted its position in NEOS S&P 500 High Income ETF by 6.1% during the first quarter. International Assets Investment Management LLC now owns 75,145 shares of the company’s stock worth $3,728,000 after buying an additional 4,320 shares in the last quarter. Diversify Wealth Management LLC boosted its stake in NEOS S&P 500 High Income ETF by 81.9% during the first quarter. Diversify Wealth Management LLC now owns 42,720 shares of the company’s stock worth $2,227,000 after buying an additional 19,233 shares during the last quarter. Finally, Kaizen Financial Strategies boosted its stake in NEOS S&P 500 High Income ETF by 5.8% during the first quarter. Kaizen Financial Strategies now owns 38,477 shares of the company’s stock worth $2,008,000 after buying an additional 2,093 shares during the last quarter.

NEOS S&P 500 High Income ETF Stock Down 0.6%

Shares of BATS:SPYI opened at $53.37 on Tuesday. NEOS S&P 500 High Income ETF has a 52-week low of $47.77 and a 52-week high of $54.11. The stock has a market cap of $4.41 billion, a P/E ratio of 25.58 and a beta of 0.71. The business has a fifty day moving average of $53.21 and a two-hundred day moving average of $52.31.

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. SPYI was launched on Aug 30, 2022 and is managed by Neos.