Janney Montgomery Scott LLC reduced its position in NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) by 55.1% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,503 shares of the company’s stock after selling 9,206 shares during the period. Janney Montgomery Scott LLC’s holdings in NEOS S&P 500 High Income ETF were worth $378,000 at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. Vision Financial Markets LLC bought a new stake in shares of NEOS S&P 500 High Income ETF in the 1st quarter valued at about $41,000. Tompkins Financial Corp bought a new stake in shares of NEOS S&P 500 High Income ETF in the 2nd quarter valued at about $53,000. Parallel Advisors LLC bought a new stake in shares of NEOS S&P 500 High Income ETF in the 2nd quarter valued at about $77,000. GHP Investment Advisors Inc. boosted its holdings in shares of NEOS S&P 500 High Income ETF by 536.8% in 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. Finally, UMB Bank n.a. bought a new stake in shares of NEOS S&P 500 High Income ETF in the 2nd quarter valued at about $101,000.
NEOS S&P 500 High Income ETF Stock Performance
BATS:SPYI opened at $52.22 on Friday. The stock has a market capitalization of $4.31 billion, a P/E ratio of 25.58 and a beta of 0.71. The company’s 50-day simple moving average is $51.93 and its 200-day simple moving average is $49.90. NEOS S&P 500 High Income ETF has a fifty-two week low of $41.60 and a fifty-two week high of $52.78.
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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