World Investment Advisors Grows Stake in NEOS S&P 500 High Income ETF $SPYI

World Investment Advisors boosted its holdings in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 1,374.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 65,282 shares of the company’s stock after purchasing an additional 60,853 shares during the quarter. World Investment Advisors’ holdings in NEOS S&P 500 High Income ETF were worth $3,223,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPYI. Pacific Point Advisors LLC purchased a new stake in NEOS S&P 500 High Income ETF in the 4th quarter worth $1,158,000. Capital Investment Advisory Services LLC grew its position in shares of NEOS S&P 500 High Income ETF by 53.7% during the fourth quarter. Capital Investment Advisory Services LLC now owns 154,527 shares of the company’s stock valued at $8,117,000 after purchasing an additional 54,021 shares in the last quarter. CCG Wealth Management LLC bought a new stake in shares of NEOS S&P 500 High Income ETF in the fourth quarter worth about $778,000. Bay Capital Advisors LLC bought a new stake in shares of NEOS S&P 500 High Income ETF in the fourth quarter worth about $803,000. Finally, Gradient Investments LLC increased its holdings in shares of NEOS S&P 500 High Income ETF by 1.8% in the fourth quarter. Gradient Investments LLC now owns 1,785,248 shares of the company’s stock worth $93,779,000 after purchasing an additional 32,277 shares during the last quarter.

NEOS S&P 500 High Income ETF Stock Performance

BATS:SPYI opened at $53.06 on Monday. The business’s 50-day moving average is $53.06 and its 200 day moving average is $52.29. NEOS S&P 500 High Income ETF has a 12 month low of $47.77 and a 12 month high of $54.11. The company has a market capitalization of $4.38 billion, a P/E ratio of 25.58 and a beta of 0.71.

NEOS S&P 500 High Income ETF Company 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.