RiverTree Advisors LLC increased its stake in NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) by 11.0% during the third quarter, Holdings Channel reports. The firm owned 114,543 shares of the company’s stock after acquiring an additional 11,340 shares during the period. NEOS S&P 500 High Income ETF makes up approximately 3.8% of RiverTree Advisors LLC’s investment portfolio, making the stock its 10th biggest position. RiverTree Advisors LLC’s holdings in NEOS S&P 500 High Income ETF were worth $5,991,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in SPYI. Royal Bank of Canada lifted its holdings in shares of NEOS S&P 500 High Income ETF by 17.5% during the 1st quarter. Royal Bank of Canada now owns 62,184 shares of the company’s stock worth $2,978,000 after acquiring an additional 9,262 shares during the period. NewEdge Advisors LLC raised its position in NEOS S&P 500 High Income ETF by 215.1% during the first quarter. NewEdge Advisors LLC now owns 2,048 shares of the company’s stock valued at $98,000 after purchasing an additional 1,398 shares in the last quarter. Truist Financial Corp lifted its stake in NEOS S&P 500 High Income ETF by 22.7% during the second quarter. Truist Financial Corp now owns 24,377 shares of the company’s stock worth $1,227,000 after purchasing an additional 4,508 shares during the last quarter. Triad Wealth Partners LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF in the 2nd quarter valued at $392,000. Finally, Capital & Planning LLC bought a new position in shares of NEOS S&P 500 High Income ETF in the 2nd quarter valued at $744,000.
NEOS S&P 500 High Income ETF Stock Performance
NEOS S&P 500 High Income ETF stock opened at $52.70 on Friday. NEOS S&P 500 High Income ETF has a 52 week low of $41.60 and a 52 week high of $52.78. The stock has a market capitalization of $4.35 billion, a P/E ratio of 25.58 and a beta of 0.71. The stock has a fifty day moving average of $52.77 and a 200-day moving average of $52.17.
NEOS S&P 500 High Income ETF Cuts Dividend
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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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).
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