Westbourne Investments Inc. Decreases Position in NEOS S&P 500 High Income ETF $SPYI

Westbourne Investments Inc. decreased its stake in NEOS S&P 500 High Income ETF (BATS:SPYI) by 6.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,220 shares of the company’s stock after selling 625 shares during the period. Westbourne Investments Inc.’s holdings in NEOS S&P 500 High Income ETF were worth $464,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of SPYI. Ameriprise Financial Inc. boosted its position in shares of NEOS S&P 500 High Income ETF by 7.4% in the fourth quarter. Ameriprise Financial Inc. now owns 55,316 shares of the company’s stock worth $2,811,000 after buying an additional 3,830 shares during the period. Bank of America Corp DE purchased a new position in NEOS S&P 500 High Income ETF in the fourth quarter valued at about $220,000. Snowden Capital Advisors LLC purchased a new position in NEOS S&P 500 High Income ETF in the fourth quarter valued at about $304,000. Wellington Wealth Strategies LLC. purchased a new position in NEOS S&P 500 High Income ETF in the fourth quarter valued at about $40,000. Finally, Waverly Advisors LLC boosted its holdings in NEOS S&P 500 High Income ETF by 13.8% in the fourth quarter. Waverly Advisors LLC now owns 51,196 shares of the company’s stock valued at $2,602,000 after purchasing an additional 6,211 shares during the last quarter.

NEOS S&P 500 High Income ETF Stock Performance

Shares of SPYI opened at $52.32 on Wednesday. The company has a market capitalization of $4.32 billion, a P/E ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a one year low of $41.60 and a one year high of $52.78. The stock has a 50-day moving average price of $51.30 and a 200 day moving average price of $49.37.

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.