Principal Financial Group Inc. lifted its holdings in shares of NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) by 67.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,563 shares of the company’s stock after buying an additional 21,178 shares during the quarter. Principal Financial Group Inc. owned about 0.06% of NEOS S&P 500 High Income ETF worth $2,595,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of SPYI. Pacific Point Advisors LLC bought a new stake in NEOS S&P 500 High Income ETF in the fourth quarter worth $1,158,000. CCG Wealth Management LLC bought a new position in shares of NEOS S&P 500 High Income ETF during the fourth quarter valued at about $778,000. Capital Investment Advisory Services LLC grew its stake in shares of NEOS S&P 500 High Income ETF by 53.7% during the fourth quarter. Capital Investment Advisory Services LLC now owns 154,527 shares of the company’s stock valued at $8,117,000 after buying an additional 54,021 shares during the last quarter. Bay Capital Advisors LLC bought a new position in shares of NEOS S&P 500 High Income ETF during the fourth quarter valued at about $803,000. Finally, BCS Wealth Management increased its holdings in shares of NEOS S&P 500 High Income ETF by 157.0% in the fourth quarter. BCS Wealth Management now owns 20,030 shares of the company’s stock worth $1,052,000 after buying an additional 12,237 shares during the period.
NEOS S&P 500 High Income ETF Trading Up 1.6%
BATS SPYI opened at $52.52 on Friday. NEOS S&P 500 High Income ETF has a 1-year low of $47.77 and a 1-year high of $54.11. The stock has a 50-day moving average of $53.07 and a 200-day moving average of $52.31. The firm has a market cap of $4.34 billion, a PE ratio of 25.58 and a beta of 0.71.
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.
Read More
- Five stocks we like better than NEOS S&P 500 High Income ETF
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
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).
Receive News & Ratings for NEOS S&P 500 High Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEOS S&P 500 High Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
