Independent Financial Group LLC bought a new position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) in the 1st quarter, Holdings Channel.com reports. The fund bought 162,833 shares of the company’s stock, valued at approximately $8,039,000.
Other hedge funds also recently bought and sold shares of the company. LPL Financial LLC boosted its stake in shares of NEOS S&P 500 High Income ETF by 36.5% in the 4th quarter. LPL Financial LLC now owns 3,139,873 shares of the company’s stock valued at $164,938,000 after buying an additional 839,220 shares during the period. UBS Group AG grew its position in shares of NEOS S&P 500 High Income ETF by 77.9% during the fourth quarter. UBS Group AG now owns 1,054,374 shares of the company’s stock worth $55,386,000 after buying an additional 461,724 shares in the last quarter. Royal Bank of Canada increased its stake in shares of NEOS S&P 500 High Income ETF by 80.6% during the fourth quarter. Royal Bank of Canada now owns 927,241 shares of the company’s stock worth $48,707,000 after buying an additional 413,801 shares during the period. Aventura Private Wealth LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF during the fourth quarter worth approximately $12,635,000. Finally, SageGuard Financial Group LLC acquired a new stake in NEOS S&P 500 High Income ETF in the fourth quarter valued at approximately $8,117,000.
NEOS S&P 500 High Income ETF Stock Down 0.4%
Shares of NEOS S&P 500 High Income ETF stock opened at $53.53 on Friday. 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 50 day moving average of $53.24 and a 200 day moving average of $52.33. The company has a market capitalization of $4.42 billion, a P/E ratio of 25.58 and a beta of 0.71.
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.
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Want to see what other hedge funds are holding SPYI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report).
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