10,138 Shares in NEOS S&P 500 High Income ETF $SPYI Bought by Redwood Family Wealth LLC

Redwood Family Wealth LLC bought a new position in NEOS S&P 500 High Income ETF (BATS:SPYI) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 10,138 shares of the company’s stock, valued at approximately $533,000.

A number of other hedge funds also recently added to or reduced their stakes in SPYI. LPL Financial LLC increased its holdings in shares of NEOS S&P 500 High Income ETF by 36.5% in the 4th quarter. LPL Financial LLC now owns 3,139,873 shares of the company’s stock worth $164,938,000 after acquiring an additional 839,220 shares during the period. UBS Group AG boosted its stake in NEOS S&P 500 High Income ETF by 77.9% during the 4th 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 period. Royal Bank of Canada grew its position in NEOS S&P 500 High Income ETF by 80.6% in the 4th quarter. Royal Bank of Canada now owns 927,241 shares of the company’s stock worth $48,707,000 after purchasing an additional 413,801 shares during the last quarter. Aventura Private Wealth LLC bought a new position in NEOS S&P 500 High Income ETF in the 4th quarter worth about $12,635,000. Finally, SageGuard Financial Group LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF in the fourth quarter valued at approximately $8,117,000.

NEOS S&P 500 High Income ETF Stock Performance

Shares of BATS SPYI opened at $53.05 on Friday. The stock has a 50 day simple moving average of $52.92 and a 200-day simple moving average of $52.30. The company has a market cap of $4.38 billion, a PE ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a 12-month low of $47.77 and a 12-month high of $54.11.

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.