Private Advisor Group LLC Has $24.61 Million Holdings in NEOS S&P 500 High Income ETF $SPYI

Private Advisor Group LLC increased its holdings in NEOS S&P 500 High Income ETF (BATS:SPYI) by 10.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 470,511 shares of the company’s stock after purchasing an additional 44,087 shares during the period. Private Advisor Group LLC owned approximately 0.57% of NEOS S&P 500 High Income ETF worth $24,608,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Cloud Capital Management LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF in the third quarter worth about $27,000. Pinnacle Bancorp Inc. acquired a new position in shares of NEOS S&P 500 High Income ETF during the 3rd quarter valued at about $31,000. Activest Wealth Management increased its holdings in shares of NEOS S&P 500 High Income ETF by 154.8% during the 3rd quarter. Activest Wealth Management now owns 986 shares of the company’s stock valued at $52,000 after acquiring an additional 599 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of NEOS S&P 500 High Income ETF by 232.3% in the 3rd quarter. Geneos Wealth Management Inc. now owns 1,369 shares of the company’s stock valued at $72,000 after acquiring an additional 957 shares in the last quarter. Finally, EverSource Wealth Advisors LLC bought a new position in shares of NEOS S&P 500 High Income ETF in the 2nd quarter valued at approximately $91,000.

NEOS S&P 500 High Income ETF Stock Performance

SPYI opened at $51.60 on Tuesday. The firm has a market cap of $4.26 billion, a P/E ratio of 25.58 and a beta of 0.71. The business has a 50 day moving average price of $52.50 and a 200 day moving average price of $52.38. NEOS S&P 500 High Income ETF has a twelve month low of $41.60 and a twelve month high of $53.38.

About NEOS S&P 500 High Income ETF

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.