PNC Financial Services Group Inc. Raises Stock Position in NEOS S&P 500 High Income ETF (BATS:SPYI)

PNC Financial Services Group Inc. increased its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 90.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,215 shares of the company’s stock after acquiring an additional 5,339 shares during the period. PNC Financial Services Group Inc.’s holdings in NEOS S&P 500 High Income ETF were worth $537,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Wellington Wealth Strategies LLC. purchased a new stake in NEOS S&P 500 High Income ETF in the fourth quarter valued at approximately $40,000. City State Bank bought a new position in shares of NEOS S&P 500 High Income ETF in the 1st quarter worth $48,000. GHP Investment Advisors Inc. raised its position in shares of NEOS S&P 500 High Income ETF by 536.8% during the 1st quarter. GHP Investment Advisors Inc. now owns 1,592 shares of the company’s stock valued at $76,000 after buying an additional 1,342 shares in the last quarter. CWM LLC lifted its holdings in shares of NEOS S&P 500 High Income ETF by 493.4% during the 1st quarter. CWM LLC now owns 2,510 shares of the company’s stock worth $120,000 after acquiring an additional 2,087 shares during the last quarter. Finally, Continuum Advisory LLC grew its position in NEOS S&P 500 High Income ETF by 8.3% in the fourth quarter. Continuum Advisory LLC now owns 2,619 shares of the company’s stock worth $133,000 after acquiring an additional 200 shares in the last quarter.

NEOS S&P 500 High Income ETF Stock Up 2.2%

SPYI opened at $51.79 on Thursday. The business’s fifty day simple moving average is $50.52 and its 200 day simple moving average is $49.37. NEOS S&P 500 High Income ETF has a 52 week low of $41.60 and a 52 week high of $52.78. The stock has a market cap of $4.28 billion, a PE ratio of 25.58 and a beta of 0.71.

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.