NEOS S&P 500 High Income ETF $SPYI Shares Newly Bought by Gradient Investments LLC

Gradient Investments LLC acquired a new position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,095,332 shares of the company’s stock, valued at approximately $58,239,000. NEOS S&P 500 High Income ETF accounts for about 0.8% of Gradient Investments LLC’s holdings, making the stock its 28th biggest holding.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Root Financial Partners LLC grew its holdings in 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 worth $28,000 after acquiring an additional 255 shares in the last quarter. Roble Belko & Company Inc lifted its position in NEOS S&P 500 High Income ETF by 50.8% during the 2nd quarter. Roble Belko & Company Inc now owns 594 shares of the company’s stock worth $32,000 after acquiring an additional 200 shares during the period. Continuum Advisory LLC acquired a new position in NEOS S&P 500 High Income ETF in the 2nd quarter worth approximately $32,000. Advocate Investing Services LLC acquired a new stake in NEOS S&P 500 High Income ETF during the 1st quarter worth about $39,000. Finally, Trust Co. of Vermont acquired a new position in shares of NEOS S&P 500 High Income ETF in the 2nd quarter valued at $50,000.

NEOS S&P 500 High Income ETF Stock Down 0.6%

Shares of NEOS S&P 500 High Income ETF stock traded down $0.34 on Thursday, reaching $53.67. The company’s stock had a trading volume of 1,361,386 shares, compared to its average volume of 3,515,875. The company has a market capitalization of $4.43 billion, a P/E ratio of 25.58 and a beta of 0.71. The stock has a 50-day moving average price of $53.62 and a 200-day moving average price of $52.82. NEOS S&P 500 High Income ETF has a 52-week low of $47.77 and a 52-week high of $54.47.

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.