Bank of America Corp DE Invests $220,000 in NEOS S&P 500 High Income ETF (BATS:SPYI)

Bank of America Corp DE bought a new position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,338 shares of the company’s stock, valued at approximately $220,000.

Several other large investors have also recently bought and sold shares of the business. Anfield Capital Management LLC purchased a new stake in NEOS S&P 500 High Income ETF during the 4th quarter worth about $55,000. Montag A & Associates Inc. raised its position 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 in the last quarter. Private Trust Co. NA purchased a new stake in NEOS S&P 500 High Income ETF during the fourth quarter worth approximately $152,000. Allworth Financial LP acquired a new position in NEOS S&P 500 High Income ETF in the fourth quarter valued at approximately $167,000. Finally, Garden State Investment Advisory Services LLC purchased a new position in NEOS S&P 500 High Income ETF in the fourth quarter valued at approximately $270,000.

NEOS S&P 500 High Income ETF Trading Down 2.2%

SPYI stock opened at $49.53 on Friday. The stock has a market cap of $3.69 billion, a P/E ratio of 24.91 and a beta of 0.70. NEOS S&P 500 High Income ETF has a twelve month low of $41.60 and a twelve month high of $52.78. The company’s 50 day moving average is $47.87 and its two-hundred day moving average is $49.72.

About NEOS S&P 500 High Income ETF

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.