NEOS S&P 500 High Income ETF $SPYI Stock: Kestra Private Wealth Services LLC Grows Position

Kestra Private Wealth Services LLC raised its stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 29.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 59,054 shares of the company’s stock after buying an additional 13,500 shares during the period. Kestra Private Wealth Services LLC owned about 0.07% of NEOS S&P 500 High Income ETF worth $3,140,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SPYI. Root Financial Partners LLC raised its holdings in shares of NEOS S&P 500 High Income ETF by 79.2% during the first quarter. Root Financial Partners LLC now owns 577 shares of the company’s stock worth $28,000 after acquiring an additional 255 shares in the last quarter. Vision Financial Markets LLC acquired a new stake in NEOS S&P 500 High Income ETF during the third quarter valued at $28,000. Roble Belko & Company Inc grew its stake in NEOS S&P 500 High Income ETF by 50.8% in the second quarter. Roble Belko & Company Inc now owns 594 shares of the company’s stock valued at $32,000 after purchasing an additional 200 shares in the last quarter. Continuum Advisory LLC purchased a new position in NEOS S&P 500 High Income ETF in the second quarter valued at about $32,000. Finally, Trust Co. of Vermont purchased a new position in NEOS S&P 500 High Income ETF in the second quarter valued at about $50,000.

NEOS S&P 500 High Income ETF Price Performance

Shares of SPYI stock opened at $51.15 on Friday. NEOS S&P 500 High Income ETF has a fifty-two week low of $47.77 and a fifty-two week high of $54.47. The stock’s 50-day moving average is $53.37 and its two-hundred day moving average is $52.70. The firm has a market cap of $4.22 billion, a P/E ratio of 25.58 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.