Private Advisor Group LLC Increases Stock Holdings in NEOS S&P 500 High Income ETF $SPYI

Private Advisor Group LLC increased its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 10.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 600,133 shares of the company’s stock after purchasing an additional 54,392 shares during the period. Private Advisor Group LLC’s holdings in NEOS S&P 500 High Income ETF were worth $29,629,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Sound Income Strategies LLC boosted its holdings in NEOS S&P 500 High Income ETF by 383.9% in the 1st quarter. Sound Income Strategies LLC now owns 87,262 shares of the company’s stock valued at $4,332,000 after purchasing an additional 69,230 shares during the last quarter. Patten Group Inc. increased its holdings in shares of NEOS S&P 500 High Income ETF by 53.9% during the 1st quarter. Patten Group Inc. now owns 14,089 shares of the company’s stock worth $696,000 after buying an additional 4,933 shares during the last quarter. Heritage Oak Wealth Advisors LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF during the 1st quarter worth approximately $297,000. Root Financial Partners LLC raised its position in shares of NEOS S&P 500 High Income ETF by 79.2% during the 1st quarter. Root Financial Partners LLC now owns 577 shares of the company’s stock valued at $28,000 after buying an additional 255 shares during the period. Finally, Kagan Cocozza Asset Management purchased a new stake in shares of NEOS S&P 500 High Income ETF during the 1st quarter valued at approximately $208,000.

NEOS S&P 500 High Income ETF Stock Performance

SPYI opened at $53.06 on Friday. NEOS S&P 500 High Income ETF has a one year low of $47.77 and a one year high of $54.11. The stock has a market capitalization of $4.38 billion, a PE ratio of 25.58 and a beta of 0.71. The business’s 50 day moving average price is $53.06 and its 200 day moving average price is $52.29.

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.