NEOS Enhanced Income 1-3 Month T-Bill ETF (NYSEARCA:CSHI) Stock Price Up 0% – Here’s What Happened

NEOS Enhanced Income 1-3 Month T-Bill ETF (NYSEARCA:CSHI) traded up 0% on Tuesday . The company traded as high as $49.70 and last traded at $49.70. 293,463 shares were traded during trading, a decline of 8% from the average session volume of 319,047 shares. The stock had previously closed at $49.69.

NEOS Enhanced Income 1-3 Month T-Bill ETF Trading Up 0.0%

The firm has a 50-day moving average of $49.67 and a 200 day moving average of $49.74. The company has a market cap of $874.22 million, a P/E ratio of 23.90 and a beta of 0.02.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of CSHI. NewEdge Advisors LLC grew its holdings in NEOS Enhanced Income 1-3 Month T-Bill ETF by 83.0% in the fourth quarter. NewEdge Advisors LLC now owns 131,896 shares of the company’s stock worth $6,559,000 after purchasing an additional 59,829 shares during the period. FSA Advisors Inc. grew its stake in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF by 24.3% in the 4th quarter. FSA Advisors Inc. now owns 110,263 shares of the company’s stock valued at $5,483,000 after buying an additional 21,547 shares during the period. Arax Advisory Partners increased its position in NEOS Enhanced Income 1-3 Month T-Bill ETF by 6.1% in the 4th quarter. Arax Advisory Partners now owns 102,140 shares of the company’s stock valued at $5,054,000 after buying an additional 5,833 shares in the last quarter. CoreCap Advisors LLC raised its stake in NEOS Enhanced Income 1-3 Month T-Bill ETF by 13.6% during the 4th quarter. CoreCap Advisors LLC now owns 20,996 shares of the company’s stock worth $1,044,000 after buying an additional 2,514 shares during the period. Finally, Carter Financial Group INC. bought a new position in NEOS Enhanced Income 1-3 Month T-Bill ETF in the second quarter worth approximately $476,000.

NEOS Enhanced Income 1-3 Month T-Bill ETF Company Profile

The Neos Enhanced Income Cash Alternative ETF (CSHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in a portfolio of US ultra-short term Treasury bills while utilizing a combined with a US large-cap put spread futures strategy. CSHI was launched on Aug 30, 2022 and is managed by Neos.