Verus Capital Partners LLC Makes New $621,000 Investment in NEOS S&P 500 High Income ETF $SPYI

Verus Capital Partners LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,873 shares of the company’s stock, valued at approximately $621,000.

Other institutional investors have also bought and sold shares of the company. Howard Capital Management Inc. bought a new position in NEOS S&P 500 High Income ETF in the 3rd quarter valued at about $21,542,000. Merit Financial Group LLC bought a new position in shares of NEOS S&P 500 High Income ETF in the third quarter valued at approximately $21,418,000. Envestnet Asset Management Inc. increased its stake in shares of NEOS S&P 500 High Income ETF by 310.4% during the third quarter. Envestnet Asset Management Inc. now owns 352,525 shares of the company’s stock valued at $18,437,000 after acquiring an additional 266,635 shares during the period. MADDEN SECURITIES Corp increased its stake in shares of NEOS S&P 500 High Income ETF by 204.1% during the third quarter. MADDEN SECURITIES Corp now owns 352,855 shares of the company’s stock valued at $18,454,000 after acquiring an additional 236,835 shares during the period. Finally, Chung Wu Investment Group LLC raised its holdings in NEOS S&P 500 High Income ETF by 32,643.3% during the third quarter. Chung Wu Investment Group LLC now owns 98,230 shares of the company’s stock worth $5,137,000 after purchasing an additional 97,930 shares in the last quarter.

NEOS S&P 500 High Income ETF Price Performance

SPYI opened at $51.77 on Tuesday. The business has a 50 day moving average price of $52.68 and a two-hundred day moving average price of $52.35. The company has a market capitalization of $4.28 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a 1-year low of $41.60 and a 1-year high of $53.38.

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.