NEOS S&P 500 High Income ETF $SPYI Stock: Kingswood Wealth Advisors LLC Grows Position

Kingswood Wealth Advisors LLC raised its holdings in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 37.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,865 shares of the company’s stock after acquiring an additional 14,416 shares during the quarter. Kingswood Wealth Advisors LLC owned approximately 0.06% of NEOS S&P 500 High Income ETF worth $2,811,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of SPYI. Vision Financial Markets LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF during the third quarter worth about $28,000. Root Financial Partners LLC raised its stake in NEOS S&P 500 High Income ETF by 79.2% during the 1st quarter. Root Financial Partners LLC now owns 577 shares of the company’s stock valued at $28,000 after purchasing an additional 255 shares during the period. Roble Belko & Company Inc raised its stake in NEOS S&P 500 High Income ETF by 50.8% during the 2nd quarter. Roble Belko & Company Inc now owns 594 shares of the company’s stock valued at $32,000 after purchasing an additional 200 shares during the period. Continuum Advisory LLC purchased a new position in NEOS S&P 500 High Income ETF in the 2nd quarter worth approximately $32,000. Finally, Trust Co. of Vermont purchased a new position in NEOS S&P 500 High Income ETF in the 2nd quarter worth approximately $50,000.

NEOS S&P 500 High Income ETF Price Performance

SPYI stock opened at $53.00 on Tuesday. NEOS S&P 500 High Income ETF has a 1-year low of $47.77 and a 1-year high of $54.47. The company has a market capitalization of $4.38 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. The business has a 50 day simple moving average of $53.54 and a two-hundred day simple moving average of $52.72.

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.