NEOS S&P 500 High Income ETF $SPYI Stock Position Increased by Verus Capital Partners LLC

Verus Capital Partners LLC boosted its position in NEOS S&P 500 High Income ETF (BATS:SPYI) by 385.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 57,644 shares of the company’s stock after purchasing an additional 45,771 shares during the quarter. Verus Capital Partners LLC’s holdings in NEOS S&P 500 High Income ETF were worth $3,028,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. United Community Bank bought a new stake in NEOS S&P 500 High Income ETF in the 4th quarter valued at about $26,000. HFM Investment Advisors LLC bought a new stake in shares of NEOS S&P 500 High Income ETF during the 4th quarter worth about $27,000. Optima Capital LLC bought a new stake in shares of NEOS S&P 500 High Income ETF during the 4th quarter worth about $37,000. Abound Wealth Management raised its position in shares of NEOS S&P 500 High Income ETF by 519.3% during the 4th quarter. Abound Wealth Management now owns 1,189 shares of the company’s stock worth $62,000 after buying an additional 997 shares in the last quarter. Finally, Tucker Asset Management LLC bought a new stake in shares of NEOS S&P 500 High Income ETF during the 4th quarter worth about $79,000.

NEOS S&P 500 High Income ETF Trading Down 0.5%

SPYI stock opened at $53.80 on Thursday. NEOS S&P 500 High Income ETF has a 52 week low of $47.77 and a 52 week high of $54.11. The company has a market capitalization of $4.44 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. The firm’s 50-day moving average is $52.07 and its two-hundred day moving average is $52.21.

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.