NEOS S&P 500 High Income ETF $SPYI Shares Acquired by NewEdge Advisors LLC

NewEdge Advisors LLC grew its position in NEOS S&P 500 High Income ETF (BATS:SPYI) by 258.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,708 shares of the company’s stock after acquiring an additional 14,926 shares during the quarter. NewEdge Advisors LLC’s holdings in NEOS S&P 500 High Income ETF were worth $1,022,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Federation des caisses Desjardins du Quebec raised its stake in NEOS S&P 500 High Income ETF by 32.3% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 820 shares of the company’s stock valued at $43,000 after purchasing an additional 200 shares during the last quarter. Compound Planning Inc. lifted its holdings in NEOS S&P 500 High Income ETF by 1.1% in the 4th quarter. Compound Planning Inc. now owns 20,333 shares of the company’s stock valued at $1,068,000 after purchasing an additional 222 shares in the last quarter. GHP Investment Advisors Inc. boosted its stake in NEOS S&P 500 High Income ETF by 8.5% during the 1st quarter. GHP Investment Advisors Inc. now owns 2,877 shares of the company’s stock worth $142,000 after purchasing an additional 226 shares during the last quarter. HighMark Wealth Management LLC boosted its stake in NEOS S&P 500 High Income ETF by 3.0% during the 4th quarter. HighMark Wealth Management LLC now owns 8,016 shares of the company’s stock worth $421,000 after purchasing an additional 236 shares during the last quarter. Finally, Pasadena Private Wealth LLC grew its holdings in shares of NEOS S&P 500 High Income ETF by 2.9% during the first quarter. Pasadena Private Wealth LLC now owns 8,417 shares of the company’s stock worth $416,000 after buying an additional 240 shares in the last quarter.

NEOS S&P 500 High Income ETF Stock Down 0.4%

Shares of BATS SPYI opened at $54.04 on Wednesday. The firm has a 50-day simple moving average of $53.19 and a 200-day simple moving average of $52.42. The stock has a market capitalization of $4.46 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a 52 week low of $47.77 and a 52 week high of $54.47.

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.