Paladin Wealth LLC Decreases Stock Holdings in NEOS S&P 500 High Income ETF $SPYI

Paladin Wealth LLC lessened its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 31.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 26,983 shares of the company’s stock after selling 12,263 shares during the quarter. Paladin Wealth LLC’s holdings in NEOS S&P 500 High Income ETF were worth $1,332,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. United Community Bank acquired a new position in NEOS S&P 500 High Income ETF during the fourth quarter worth $26,000. HFM Investment Advisors LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF in the fourth quarter valued at $27,000. Optima Capital LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF in the fourth quarter valued at $37,000. Wells Fargo & Company MN raised its holdings in shares of NEOS S&P 500 High Income ETF by 503.0% in the 4th quarter. Wells Fargo & Company MN now owns 796 shares of the company’s stock valued at $42,000 after buying an additional 664 shares during the period. Finally, Federation des caisses Desjardins du Quebec raised its holdings in shares of NEOS S&P 500 High Income ETF by 32.3% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 820 shares of the company’s stock valued at $43,000 after buying an additional 200 shares during the period.

NEOS S&P 500 High Income ETF Stock Performance

Shares of BATS SPYI opened at $53.05 on Friday. The stock has a market cap of $4.38 billion, a P/E ratio of 25.58 and a beta of 0.71. The business’s fifty day simple moving average is $52.92 and its 200-day simple moving average is $52.30. NEOS S&P 500 High Income ETF has a 12-month low of $47.77 and a 12-month high of $54.11.

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.