Sanctuary Advisors LLC Raises Holdings in NEOS S&P 500 High Income ETF $SPYI

Sanctuary Advisors LLC lifted its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 77.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,302 shares of the company’s stock after buying an additional 11,021 shares during the quarter. Sanctuary Advisors LLC’s holdings in NEOS S&P 500 High Income ETF were worth $1,249,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC raised its holdings in shares of NEOS S&P 500 High Income ETF by 36.5% in the fourth quarter. LPL Financial LLC now owns 3,139,873 shares of the company’s stock valued at $164,938,000 after acquiring an additional 839,220 shares in the last quarter. UBS Group AG lifted its stake in NEOS S&P 500 High Income ETF by 77.9% in the fourth quarter. UBS Group AG now owns 1,054,374 shares of the company’s stock worth $55,386,000 after acquiring an additional 461,724 shares during the period. Royal Bank of Canada grew its holdings in NEOS S&P 500 High Income ETF by 80.6% during the 4th quarter. Royal Bank of Canada now owns 927,241 shares of the company’s stock worth $48,707,000 after acquiring an additional 413,801 shares in the last quarter. MML Investors Services LLC grew its holdings in NEOS S&P 500 High Income ETF by 12.3% during the 4th quarter. MML Investors Services LLC now owns 645,689 shares of the company’s stock worth $33,918,000 after acquiring an additional 70,938 shares in the last quarter. Finally, Private Advisor Group LLC grew its holdings in NEOS S&P 500 High Income ETF by 10.0% during the 1st quarter. Private Advisor Group LLC now owns 600,133 shares of the company’s stock worth $29,629,000 after acquiring an additional 54,392 shares in the last quarter.

NEOS S&P 500 High Income ETF Stock Performance

BATS SPYI opened at $52.30 on Friday. 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 has a market capitalization of $4.32 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. The company’s 50-day simple moving average is $53.15 and its two-hundred day simple moving average is $52.34.

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.