NEOS S&P 500 High Income ETF $SPYI Shares Acquired by MADDEN SECURITIES Corp

MADDEN SECURITIES Corp boosted its holdings in NEOS S&P 500 High Income ETF (BATS:SPYI) by 59.2% in the second quarter, HoldingsChannel.com reports. The firm owned 116,020 shares of the company’s stock after buying an additional 43,135 shares during the quarter. NEOS S&P 500 High Income ETF comprises about 2.0% of MADDEN SECURITIES Corp’s investment portfolio, making the stock its 13th largest holding. MADDEN SECURITIES Corp’s holdings in NEOS S&P 500 High Income ETF were worth $5,838,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in SPYI. MBL Wealth LLC raised its holdings in NEOS S&P 500 High Income ETF by 180.0% during the second quarter. MBL Wealth LLC now owns 14,000 shares of the company’s stock worth $704,000 after purchasing an additional 9,000 shares in the last quarter. Ameritas Advisory Services LLC grew its holdings in shares of NEOS S&P 500 High Income ETF by 4.6% during the second quarter. Ameritas Advisory Services LLC now owns 8,217 shares of the company’s stock worth $413,000 after purchasing an additional 362 shares during the last quarter. HighMark Wealth Management LLC increased its position in shares of NEOS S&P 500 High Income ETF by 4,613.8% during the second quarter. HighMark Wealth Management LLC now owns 4,101 shares of the company’s stock worth $206,000 after purchasing an additional 4,014 shares in the last quarter. Capital & Planning LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF in the 2nd quarter valued at about $744,000. Finally, Triad Wealth Partners LLC acquired a new position in NEOS S&P 500 High Income ETF during the second quarter worth approximately $392,000.

NEOS S&P 500 High Income ETF Trading Up 3.8%

SPYI stock opened at $52.59 on Tuesday. The company has a market capitalization of $4.34 billion, a P/E ratio of 25.58 and a beta of 0.71. The business has a 50 day simple moving average of $51.69 and a 200-day simple moving average of $49.70. NEOS S&P 500 High Income ETF has a twelve month low of $41.60 and a twelve month 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.