NEOS S&P 500 High Income ETF $SPYI Shares Purchased by Aspen Investment Management Inc

Aspen Investment Management Inc raised its holdings in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 133.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 55,710 shares of the company’s stock after buying an additional 31,830 shares during the period. NEOS S&P 500 High Income ETF comprises 0.9% of Aspen Investment Management Inc’s investment portfolio, making the stock its 24th largest position. Aspen Investment Management Inc’s holdings in NEOS S&P 500 High Income ETF were worth $2,926,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. United Community Bank acquired a new position in NEOS S&P 500 High Income ETF during the fourth quarter valued at approximately $26,000. Cloud Capital Management LLC acquired a new position in NEOS S&P 500 High Income ETF during the third quarter valued at approximately $27,000. HFM Investment Advisors LLC acquired a new position in NEOS S&P 500 High Income ETF during the fourth quarter valued at approximately $27,000. Optima Capital LLC acquired a new position in NEOS S&P 500 High Income ETF during the fourth quarter valued at approximately $37,000. Finally, Activest Wealth Management lifted its position in NEOS S&P 500 High Income ETF by 154.8% during the third quarter. Activest Wealth Management now owns 986 shares of the company’s stock valued at $52,000 after buying an additional 599 shares in the last quarter.

NEOS S&P 500 High Income ETF Stock Down 0.3%

Shares of SPYI stock opened at $53.16 on Thursday. The stock has a market cap of $4.39 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a fifty-two week low of $47.77 and a fifty-two week high of $53.96. The firm’s 50 day moving average price is $51.44 and its two-hundred day moving average price is $52.14.

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.