Shares of NEOS S&P 500 High Income ETF (BATS:SPYI – Get Free Report) passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $52.72 and traded as high as $53.12. NEOS S&P 500 High Income ETF shares last traded at $53.00, with a volume of 2,633,992 shares changing hands.
NEOS S&P 500 High Income ETF Trading Up 0.3%
The company has a 50 day simple moving average of $53.50 and a 200 day simple moving average of $52.72. The stock has a market capitalization of $4.41 billion, a PE ratio of 25.58 and a beta of 0.71.
Hedge Funds Weigh In On NEOS S&P 500 High Income ETF
A number of large investors have recently bought and sold shares of the company. Root Financial Partners LLC boosted its holdings 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 acquiring an additional 255 shares in the last quarter. Vision Financial Markets LLC purchased a new position in NEOS S&P 500 High Income ETF during the third quarter worth about $28,000. Roble Belko & Company Inc raised its holdings in NEOS S&P 500 High Income ETF by 50.8% during the second quarter. Roble Belko & Company Inc now owns 594 shares of the company’s stock worth $32,000 after purchasing an additional 200 shares in the last quarter. Continuum Advisory LLC acquired a new stake in NEOS S&P 500 High Income ETF in the second quarter valued at about $32,000. Finally, Trust Co. of Vermont acquired a new stake in NEOS S&P 500 High Income ETF in the second quarter valued at about $50,000.
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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