Studio Investment Management LLC bought a new stake in NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 29,082 shares of the company’s stock, valued at approximately $1,544,000.
Other hedge funds also recently bought and sold shares of the company. HFM Investment Advisors LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF during the 4th quarter valued at about $27,000. Root Financial Partners LLC increased its holdings in 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 buying an additional 255 shares during the last quarter. Continuum Advisory LLC bought a new position in NEOS S&P 500 High Income ETF during the second quarter valued at approximately $32,000. Wells Fargo & Company MN raised its position in NEOS S&P 500 High Income ETF by 503.0% during the fourth quarter. Wells Fargo & Company MN now owns 796 shares of the company’s stock valued at $42,000 after acquiring an additional 664 shares in the last quarter. Finally, Advocate Investing Services LLC acquired a new stake in NEOS S&P 500 High Income ETF in the first quarter valued at approximately $39,000.
NEOS S&P 500 High Income ETF Price Performance
SPYI stock opened at $53.86 on Monday. The company has a market capitalization of $4.45 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a 12 month low of $47.77 and a 12 month high of $54.47. The firm has a 50 day moving average of $53.42 and a two-hundred day moving average of $52.51.
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. SPYI was launched on Aug 30, 2022 and is managed by Neos.
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