US Bancorp DE Boosts Stock Holdings in NEOS S&P 500 High Income ETF (BATS:SPYI)

US Bancorp DE increased its stake in NEOS S&P 500 High Income ETF (BATS:SPYI) by 49.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,000 shares of the company’s stock after acquiring an additional 1,990 shares during the quarter. US Bancorp DE’s holdings in NEOS S&P 500 High Income ETF were worth $307,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. acquired a new position in shares of NEOS S&P 500 High Income ETF during the 1st quarter valued at about $300,000. Cetera Investment Advisers increased its stake in NEOS S&P 500 High Income ETF by 104.8% in the second 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 during the last quarter. RFG Advisory LLC increased its stake in NEOS S&P 500 High Income ETF by 24.6% in the second quarter. RFG Advisory LLC now owns 7,901 shares of the company’s stock valued at $396,000 after purchasing an additional 1,558 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of NEOS S&P 500 High Income ETF by 47.4% in the second 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. Finally, Atria Wealth Solutions Inc. boosted its holdings in shares of NEOS S&P 500 High Income ETF by 220.4% in the second quarter. Atria Wealth Solutions Inc. now owns 22,736 shares of the company’s stock valued at $1,143,000 after acquiring an additional 15,640 shares during the period.

NEOS S&P 500 High Income ETF Price Performance

SPYI stock opened at $52.37 on Wednesday. The company has a fifty day moving average price of $51.17 and a 200 day moving average price of $50.39. The firm has a market capitalization of $1.32 billion, a P/E ratio of 21.64 and a beta of 0.69.

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.