RFG Advisory LLC Has $5.09 Million Holdings in NEOS S&P 500 High Income ETF $SPYI

RFG Advisory LLC boosted its holdings in NEOS S&P 500 High Income ETF (BATS:SPYI) by 15.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 95,913 shares of the company’s stock after acquiring an additional 12,919 shares during the quarter. RFG Advisory LLC’s holdings in NEOS S&P 500 High Income ETF were worth $5,092,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. NewEdge Advisors LLC grew its holdings in shares of NEOS S&P 500 High Income ETF by 40.0% in the second quarter. NewEdge Advisors LLC now owns 28,998 shares of the company’s stock valued at $1,540,000 after acquiring an additional 8,290 shares in the last quarter. IFP Advisors Inc increased its stake in shares of NEOS S&P 500 High Income ETF by 9.4% during the 2nd quarter. IFP Advisors Inc now owns 17,808 shares of the company’s stock worth $945,000 after purchasing an additional 1,523 shares during the last quarter. Roble Belko & Company Inc increased its stake in shares of 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 purchasing an additional 200 shares during the last quarter. Baird Financial Group Inc. raised its holdings in shares of NEOS S&P 500 High Income ETF by 12.8% in the 2nd quarter. Baird Financial Group Inc. now owns 124,998 shares of the company’s stock worth $6,636,000 after purchasing an additional 14,162 shares during the period. Finally, Second Line Capital LLC bought a new stake in shares of NEOS S&P 500 High Income ETF in the 2nd quarter worth approximately $215,000.

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

NEOS S&P 500 High Income ETF stock opened at $53.44 on Thursday. The business’s 50 day simple moving average is $53.46 and its 200 day simple moving average is $52.55. NEOS S&P 500 High Income ETF has a 12 month low of $47.77 and a 12 month high of $54.47. The company has a market cap of $4.41 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71.

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.