Corient Private Wealth LLC Invests $1.29 Million in NEOS S&P 500 High Income ETF $SPYI

Corient Private Wealth LLC acquired a new stake in NEOS S&P 500 High Income ETF (BATS:SPYI) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 25,549 shares of the company’s stock, valued at approximately $1,286,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Teamwork Financial Advisors LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF in the second quarter valued at $4,439,000. StoneCrest Wealth Management Inc. purchased a new position in NEOS S&P 500 High Income ETF during the 2nd quarter valued at about $3,991,000. RiverTree Advisors LLC grew its position in NEOS S&P 500 High Income ETF by 172.2% in the 2nd quarter. RiverTree Advisors LLC now owns 103,203 shares of the company’s stock valued at $5,193,000 after acquiring an additional 65,282 shares in the last quarter. SCS Capital Management LLC acquired a new position in NEOS S&P 500 High Income ETF in the 1st quarter valued at about $2,825,000. Finally, Envestnet Asset Management Inc. increased its stake in NEOS S&P 500 High Income ETF by 110.2% during the second quarter. Envestnet Asset Management Inc. now owns 85,890 shares of the company’s stock worth $4,322,000 after purchasing an additional 45,020 shares during the period.

NEOS S&P 500 High Income ETF Stock Performance

Shares of SPYI opened at $53.02 on Thursday. The company’s 50-day simple moving average is $52.51 and its 200-day simple moving average is $51.68. NEOS S&P 500 High Income ETF has a 1 year low of $41.60 and a 1 year high of $52.78. The stock has a market capitalization of $4.38 billion, a PE ratio of 25.58 and a beta of 0.71.

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. SPYI was launched on Aug 30, 2022 and is managed by Neos.