Kingswood Wealth Advisors LLC boosted its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) by 8.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,145 shares of the company’s stock after purchasing an additional 655 shares during the period. Kingswood Wealth Advisors LLC’s holdings in NEOS S&P 500 High Income ETF were worth $414,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in SPYI. Envestnet Asset Management Inc. grew its holdings in NEOS S&P 500 High Income ETF by 95.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 42,417 shares of the company’s stock valued at $2,127,000 after purchasing an additional 20,661 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in NEOS S&P 500 High Income ETF during the 2nd quarter valued at $997,000. Truist Financial Corp grew its holdings in NEOS S&P 500 High Income ETF by 29.5% during the 2nd quarter. Truist Financial Corp now owns 35,310 shares of the company’s stock valued at $1,771,000 after purchasing an additional 8,052 shares in the last quarter. Cetera Investment Advisers grew its holdings in NEOS S&P 500 High Income ETF by 104.8% during the 2nd quarter. Cetera Investment Advisers now owns 20,150 shares of the company’s stock valued at $1,011,000 after purchasing an additional 10,312 shares in the last quarter. Finally, Brown Financial Advisors acquired a new stake in NEOS S&P 500 High Income ETF during the 2nd quarter valued at $279,000.
NEOS S&P 500 High Income ETF Stock Performance
Shares of SPYI stock opened at $51.65 on Friday. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 21.64 and a beta of 0.69. The business’s fifty day moving average is $51.76 and its two-hundred day moving average is $51.12.
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.
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