NEOS S&P 500 High Income ETF $SPYI Stake Boosted by Diversify Wealth Management LLC

Diversify Wealth Management LLC boosted its stake in NEOS S&P 500 High Income ETF (BATS:SPYI) by 81.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,720 shares of the company’s stock after buying an additional 19,233 shares during the period. Diversify Wealth Management LLC’s holdings in NEOS S&P 500 High Income ETF were worth $2,227,000 as of its most recent SEC filing.

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

NEOS S&P 500 High Income ETF Price Performance

BATS:SPYI opened at $53.37 on Tuesday. NEOS S&P 500 High Income ETF has a fifty-two week low of $47.77 and a fifty-two week high of $54.11. The stock has a market capitalization of $4.41 billion, a PE ratio of 25.58 and a beta of 0.71. The business’s 50-day simple moving average is $53.21 and its 200-day simple moving average is $52.31.

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.