StoneX Group Inc. purchased a new stake in NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 16,183 shares of the company’s stock, valued at approximately $860,000.
Other hedge funds have also bought and sold shares of the company. Foguth Wealth Management LLC. grew its holdings in shares of NEOS S&P 500 High Income ETF by 927.5% during the 1st quarter. Foguth Wealth Management LLC. now owns 1,214,307 shares of the company’s stock worth $65,439,000 after purchasing an additional 1,096,123 shares in the last quarter. Gradient Investments LLC bought a new position in shares of NEOS S&P 500 High Income ETF in the third quarter worth $58,239,000. Envestnet Asset Management Inc. raised its stake in NEOS S&P 500 High Income ETF by 62.9% in the second quarter. Envestnet Asset Management Inc. now owns 709,315 shares of the company’s stock valued at $37,658,000 after purchasing an additional 273,777 shares in the last quarter. Independent Financial Group LLC acquired a new position in NEOS S&P 500 High Income ETF in the first quarter valued at about $8,039,000. Finally, Sentinel Advisory Group LLC acquired a new position in NEOS S&P 500 High Income ETF in the first quarter valued at about $7,495,000.
NEOS S&P 500 High Income ETF Stock Down 0.2%
SPYI opened at $52.21 on Wednesday. NEOS S&P 500 High Income ETF has a twelve month low of $47.77 and a twelve month high of $54.47. The company has a 50-day simple moving average of $53.27 and a 200 day simple moving average of $52.69. The stock has a market capitalization of $12.52 billion, a price-to-earnings ratio of 23.00 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.
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