Delta Investment Management LLC Cuts Position in NEOS S&P 500 High Income ETF $SPYI

Delta Investment Management LLC lowered its position in NEOS S&P 500 High Income ETF (BATS:SPYI) by 17.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 101,971 shares of the company’s stock after selling 20,954 shares during the quarter. NEOS S&P 500 High Income ETF makes up about 0.9% of Delta Investment Management LLC’s holdings, making the stock its 29th biggest holding. Delta Investment Management LLC owned about 0.12% of NEOS S&P 500 High Income ETF worth $5,357,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SPYI. Gradient Investments LLC raised its stake in NEOS S&P 500 High Income ETF by 1.8% during the 4th quarter. Gradient Investments LLC now owns 1,785,248 shares of the company’s stock valued at $93,779,000 after acquiring an additional 32,277 shares during the last quarter. UBS Group AG grew its position in NEOS S&P 500 High Income ETF by 77.9% in the 4th quarter. UBS Group AG now owns 1,054,374 shares of the company’s stock valued at $55,386,000 after buying an additional 461,724 shares during the last quarter. Private Advisor Group LLC increased its stake in NEOS S&P 500 High Income ETF by 10.3% in the 3rd quarter. Private Advisor Group LLC now owns 470,511 shares of the company’s stock valued at $24,608,000 after buying an additional 44,087 shares during the period. Howard Capital Management Inc. raised its position in NEOS S&P 500 High Income ETF by 10.1% during the 4th quarter. Howard Capital Management Inc. now owns 453,565 shares of the company’s stock worth $23,826,000 after buying an additional 41,679 shares during the last quarter. Finally, Merit Financial Group LLC lifted its stake in shares of NEOS S&P 500 High Income ETF by 3.9% in the 4th quarter. Merit Financial Group LLC now owns 425,441 shares of the company’s stock worth $22,348,000 after acquiring an additional 15,919 shares during the period.

NEOS S&P 500 High Income ETF Trading Up 0.0%

Shares of NEOS S&P 500 High Income ETF stock traded up $0.01 on Thursday, reaching $52.15. 369,753 shares of the stock were exchanged, compared to its average volume of 4,530,380. The firm has a market capitalization of $4.31 billion, a PE ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a 1-year low of $47.40 and a 1-year high of $53.38. The business has a fifty day moving average price of $51.09 and a two-hundred day moving average price of $52.06.

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.