Sanctuary Advisors LLC Boosts Stake in NEOS S&P 500 High Income ETF $SPYI

Sanctuary Advisors LLC raised its stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 77.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,302 shares of the company’s stock after acquiring an additional 11,021 shares during the quarter. Sanctuary Advisors LLC’s holdings in NEOS S&P 500 High Income ETF were worth $1,249,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Pacific Point Advisors LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF during the 4th quarter worth $1,158,000. CCG Wealth Management LLC bought a new stake in NEOS S&P 500 High Income ETF during the fourth quarter valued at about $778,000. Capital Investment Advisory Services LLC grew its stake in NEOS S&P 500 High Income ETF by 53.7% in the fourth quarter. Capital Investment Advisory Services LLC now owns 154,527 shares of the company’s stock valued at $8,117,000 after purchasing an additional 54,021 shares during the last quarter. Bay Capital Advisors LLC purchased a new position in NEOS S&P 500 High Income ETF in the fourth quarter valued at about $803,000. Finally, BCS Wealth Management raised its holdings in NEOS S&P 500 High Income ETF by 157.0% in the fourth quarter. BCS Wealth Management now owns 20,030 shares of the company’s stock worth $1,052,000 after purchasing an additional 12,237 shares in the last quarter.

NEOS S&P 500 High Income ETF Stock Performance

Shares of NEOS S&P 500 High Income ETF stock opened at $52.30 on Friday. The company has a market capitalization of $4.32 billion, a PE ratio of 25.58 and a beta of 0.71. The company has a 50-day simple moving average of $53.15 and a two-hundred day simple moving average of $52.34. NEOS S&P 500 High Income ETF has a one year low of $47.77 and a one year high of $54.11.

NEOS S&P 500 High Income ETF 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. SPYI was launched on Aug 30, 2022 and is managed by Neos.