Private Advisor Group LLC Increases Stock Holdings in NEOS S&P 500 High Income ETF (BATS:SPYI)

Private Advisor Group LLC lifted its stake in NEOS S&P 500 High Income ETF (BATS:SPYI) by 397.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 664,748 shares of the company’s stock after purchasing an additional 531,207 shares during the quarter. Private Advisor Group LLC’s holdings in NEOS S&P 500 High Income ETF were worth $33,783,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. U.S. Capital Wealth Advisors LLC lifted its stake in shares of NEOS S&P 500 High Income ETF by 0.7% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 35,183 shares of the company’s stock worth $1,788,000 after acquiring an additional 238 shares during the last quarter. Montag A & Associates Inc. lifted its stake in shares of NEOS S&P 500 High Income ETF by 27.8% during the 4th quarter. Montag A & Associates Inc. now owns 1,194 shares of the company’s stock worth $61,000 after acquiring an additional 260 shares during the last quarter. Diversify Wealth Management LLC lifted its stake in shares of NEOS S&P 500 High Income ETF by 5.1% during the 4th quarter. Diversify Wealth Management LLC now owns 12,044 shares of the company’s stock worth $609,000 after acquiring an additional 588 shares during the last quarter. Claro Advisors LLC lifted its stake in shares of NEOS S&P 500 High Income ETF by 4.3% during the 3rd quarter. Claro Advisors LLC now owns 15,943 shares of the company’s stock worth $817,000 after acquiring an additional 655 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC lifted its stake in shares of NEOS S&P 500 High Income ETF by 8.7% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 8,145 shares of the company’s stock worth $414,000 after acquiring an additional 655 shares during the last quarter.

NEOS S&P 500 High Income ETF Price Performance

Shares of SPYI stock opened at $52.31 on Wednesday. The company has a market cap of $1.32 billion, a price-to-earnings ratio of 21.64 and a beta of 0.69. The business’s 50-day simple moving average is $51.63 and its 200 day simple moving average is $51.26.

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.