WCG Wealth Advisors LLC Buys 9,959 Shares of NEOS S&P 500 High Income ETF $SPYI

WCG Wealth Advisors LLC raised its stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 55.7% in the 4th quarter, HoldingsChannel reports. The firm owned 27,847 shares of the company’s stock after purchasing an additional 9,959 shares during the period. WCG Wealth Advisors LLC’s holdings in NEOS S&P 500 High Income ETF were worth $1,463,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of SPYI. UBS Group AG lifted its position in NEOS S&P 500 High Income ETF by 77.9% during the fourth quarter. UBS Group AG now owns 1,054,374 shares of the company’s stock valued at $55,386,000 after purchasing an additional 461,724 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of NEOS S&P 500 High Income ETF by 310.4% during the third quarter. Envestnet Asset Management Inc. now owns 352,525 shares of the company’s stock worth $18,437,000 after acquiring an additional 266,635 shares in the last quarter. Aventura Private Wealth LLC purchased a new position in shares of NEOS S&P 500 High Income ETF during the fourth quarter worth approximately $12,635,000. SageGuard Financial Group LLC purchased a new position in shares of NEOS S&P 500 High Income ETF during the fourth quarter worth approximately $8,117,000. Finally, MGO One Seven LLC raised its stake in shares of NEOS S&P 500 High Income ETF by 2,629.2% during the fourth quarter. MGO One Seven LLC now owns 139,954 shares of the company’s stock worth $7,352,000 after acquiring an additional 134,826 shares in the last quarter.

NEOS S&P 500 High Income ETF Stock Performance

SPYI stock opened at $52.77 on Friday. The company has a market capitalization of $4.36 billion, a PE ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a one year low of $47.77 and a one year high of $54.11. The company’s 50 day moving average price is $52.22 and its two-hundred day moving average price is $52.23.

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.