72,113 Shares in NEOS S&P 500 High Income ETF $SPYI Acquired by Fortis Group Advisors LLC

Fortis Group Advisors LLC purchased a new position in NEOS S&P 500 High Income ETF (BATS:SPYI) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 72,113 shares of the company’s stock, valued at approximately $3,808,000. Fortis Group Advisors LLC owned approximately 0.09% of NEOS S&P 500 High Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of SPYI. Howard Capital Management Inc. bought a new position in shares of NEOS S&P 500 High Income ETF in the 3rd quarter worth $21,542,000. Merit Financial Group LLC bought a new stake in NEOS S&P 500 High Income ETF during the 3rd quarter valued at $21,418,000. Envestnet Asset Management Inc. raised its holdings in NEOS S&P 500 High Income ETF by 310.4% during the third quarter. Envestnet Asset Management Inc. now owns 352,525 shares of the company’s stock worth $18,437,000 after buying an additional 266,635 shares during the last quarter. MADDEN SECURITIES Corp lifted its stake in shares of NEOS S&P 500 High Income ETF by 204.1% in the third quarter. MADDEN SECURITIES Corp now owns 352,855 shares of the company’s stock valued at $18,454,000 after buying an additional 236,835 shares in the last quarter. Finally, Chung Wu Investment Group LLC lifted its stake in shares of NEOS S&P 500 High Income ETF by 32,643.3% in the third quarter. Chung Wu Investment Group LLC now owns 98,230 shares of the company’s stock valued at $5,137,000 after buying an additional 97,930 shares in the last quarter.

NEOS S&P 500 High Income ETF Price Performance

BATS:SPYI opened at $52.29 on Wednesday. The firm has a 50-day moving average of $52.75 and a 200-day moving average of $52.32. The company has a market cap of $4.32 billion, a PE ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a one year low of $41.60 and a one year high of $53.38.

NEOS S&P 500 High Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Wednesday, January 21st were issued a dividend of $0.5309 per share. This represents a c) dividend on an annualized basis and a yield of 12.2%. The ex-dividend date of this dividend was Wednesday, January 21st.

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