VectorGlobal IAG Inc. acquired a new stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) during the first quarter, HoldingsChannel.com reports. The firm acquired 14,856 shares of the company’s stock, valued at approximately $733,000.
Other institutional investors have also modified their holdings of the company. Royal Bank of Canada increased its position in shares of NEOS S&P 500 High Income ETF by 17.5% during the 1st quarter. Royal Bank of Canada now owns 62,184 shares of the company’s stock valued at $2,978,000 after purchasing an additional 9,262 shares during the last quarter. NewEdge Advisors LLC lifted its position in NEOS S&P 500 High Income ETF by 215.1% in the first quarter. NewEdge Advisors LLC now owns 2,048 shares of the company’s stock worth $98,000 after buying an additional 1,398 shares during the last quarter. EverSource Wealth Advisors LLC bought a new stake in NEOS S&P 500 High Income ETF in the second quarter worth $91,000. Baird Financial Group Inc. purchased a new position in NEOS S&P 500 High Income ETF during the second quarter worth $704,000. Finally, Jump Financial LLC purchased a new position in NEOS S&P 500 High Income ETF during the second quarter worth $1,132,000.
NEOS S&P 500 High Income ETF Price Performance
SPYI stock opened at $52.86 on Monday. NEOS S&P 500 High Income ETF has a twelve month low of $47.77 and a twelve month high of $54.11. The stock has a market capitalization of $4.37 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. The firm’s fifty day simple moving average is $53.06 and its two-hundred day simple moving average is $52.31.
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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