Abel Hall LLC Invests $252,000 in NEOS S&P 500 High Income ETF $SPYI

Abel Hall LLC purchased a new position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,000 shares of the company’s stock, valued at approximately $252,000.

Several other institutional investors also recently modified their holdings of the stock. Gradient Investments LLC increased its holdings in shares of NEOS S&P 500 High Income ETF by 1.6% during the second quarter. Gradient Investments LLC now owns 1,668,983 shares of the company’s stock worth $83,983,000 after buying an additional 26,747 shares in the last quarter. LPL Financial LLC increased its holdings in shares of NEOS S&P 500 High Income ETF by 55.2% during the first quarter. LPL Financial LLC now owns 1,290,478 shares of the company’s stock worth $61,801,000 after buying an additional 458,785 shares in the last quarter. Cascade Wealth Advisors Inc increased its holdings in shares of NEOS S&P 500 High Income ETF by 78.4% during the first quarter. Cascade Wealth Advisors Inc now owns 266,248 shares of the company’s stock worth $12,335,000 after buying an additional 116,972 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of NEOS S&P 500 High Income ETF by 14.6% during the first quarter. Cetera Investment Advisers now owns 118,632 shares of the company’s stock worth $5,681,000 after buying an additional 15,084 shares in the last quarter. Finally, MADDEN SECURITIES Corp increased its holdings in shares of NEOS S&P 500 High Income ETF by 59.2% during the second quarter. MADDEN SECURITIES Corp now owns 116,020 shares of the company’s stock worth $5,838,000 after buying an additional 43,135 shares in the last quarter.

NEOS S&P 500 High Income ETF Stock Performance

Shares of BATS:SPYI opened at $52.67 on Thursday. The company has a fifty day moving average of $51.75 and a 200-day moving average of $49.75. The company has a market capitalization of $4.35 billion, a PE ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a 52-week low of $41.60 and a 52-week high of $52.78.

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.