International Assets Investment Management LLC decreased its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) by 98.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 156,793 shares of the company’s stock after selling 7,794,156 shares during the period. International Assets Investment Management LLC’s holdings in NEOS S&P 500 High Income ETF were worth $7,959,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPYI. LPL Financial LLC increased its position in NEOS S&P 500 High Income ETF by 47.4% in the 2nd quarter. LPL Financial LLC now owns 671,598 shares of the company’s stock valued at $33,681,000 after acquiring an additional 215,854 shares during the period. Brown Financial Advisors raised its stake in shares of NEOS S&P 500 High Income ETF by 2,856.6% during the third quarter. Brown Financial Advisors now owns 164,448 shares of the company’s stock worth $8,425,000 after purchasing an additional 158,886 shares during the last quarter. Private Advisor Group LLC lifted its holdings in shares of NEOS S&P 500 High Income ETF by 103.1% during the third quarter. Private Advisor Group LLC now owns 133,541 shares of the company’s stock worth $6,857,000 after purchasing an additional 67,805 shares during the period. MML Investors Services LLC increased its stake in shares of NEOS S&P 500 High Income ETF by 50.6% during the third quarter. MML Investors Services LLC now owns 154,762 shares of the company’s stock worth $7,928,000 after acquiring an additional 51,981 shares during the period. Finally, Paladin Wealth LLC purchased a new position in shares of NEOS S&P 500 High Income ETF during the 3rd quarter worth approximately $1,686,000.
NEOS S&P 500 High Income ETF Stock Performance
SPYI stock traded down $0.38 on Wednesday, reaching $51.04. 778,699 shares of the company’s stock were exchanged. The company has a market cap of $1.29 billion, a price-to-earnings ratio of 21.64 and a beta of 0.69. The company has a fifty day moving average of $51.91 and a two-hundred day moving average of $51.04.
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.
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