Herbst Group LLC acquired a new position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 33,044 shares of the company’s stock, valued at approximately $1,754,000.
Other hedge funds have also recently made changes to their positions in the company. United Community Bank purchased a new stake in shares of NEOS S&P 500 High Income ETF in the 4th quarter valued at $26,000. HFM Investment Advisors LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF during the fourth quarter worth about $27,000. Root Financial Partners LLC boosted its stake in shares of NEOS S&P 500 High Income ETF by 79.2% in the first quarter. Root Financial Partners LLC now owns 577 shares of the company’s stock valued at $28,000 after purchasing an additional 255 shares during the period. Optima Capital LLC purchased a new position in shares of NEOS S&P 500 High Income ETF in the fourth quarter valued at approximately $37,000. Finally, Advocate Investing Services LLC purchased a new position in shares of NEOS S&P 500 High Income ETF in the first quarter valued at approximately $39,000.
NEOS S&P 500 High Income ETF Stock Performance
Shares of SPYI stock opened at $54.18 on Monday. NEOS S&P 500 High Income ETF has a fifty-two week low of $47.77 and a fifty-two week high of $54.25. The company has a 50 day moving average price of $53.08 and a 200 day moving average price of $52.34. The stock has a market capitalization of $4.47 billion, a P/E 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.
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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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