Brookstone Capital Management Purchases 19,508 Shares of NEOS S&P 500 High Income ETF $SPYI

Brookstone Capital Management raised its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 82.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,225 shares of the company’s stock after acquiring an additional 19,508 shares during the period. Brookstone Capital Management owned approximately 0.05% of NEOS S&P 500 High Income ETF worth $2,271,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Paladin Wealth LLC increased its position in NEOS S&P 500 High Income ETF by 13.1% in the fourth quarter. Paladin Wealth LLC now owns 39,246 shares of the company’s stock worth $2,062,000 after purchasing an additional 4,560 shares during the last quarter. WESPAC Advisors LLC purchased a new stake in NEOS S&P 500 High Income ETF during the fourth quarter valued at $926,000. Capital Investment Advisors LLC raised its stake in NEOS S&P 500 High Income ETF by 124.9% during the fourth quarter. Capital Investment Advisors LLC now owns 28,760 shares of the company’s stock valued at $1,511,000 after purchasing an additional 15,974 shares in the last quarter. CoreCap Advisors LLC lifted its position in NEOS S&P 500 High Income ETF by 12.8% during the fourth quarter. CoreCap Advisors LLC now owns 19,768 shares of the company’s stock valued at $1,038,000 after purchasing an additional 2,242 shares during the last quarter. Finally, Signal Advisors Wealth LLC grew its stake in shares of NEOS S&P 500 High Income ETF by 33.0% in the 4th quarter. Signal Advisors Wealth LLC now owns 8,474 shares of the company’s stock worth $445,000 after buying an additional 2,103 shares in the last quarter.

NEOS S&P 500 High Income ETF Stock Up 0.1%

NEOS S&P 500 High Income ETF stock opened at $49.72 on Friday. The company’s 50-day moving average price is $51.45 and its 200-day moving average price is $52.16. The company has a market cap of $4.11 billion, a PE ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a twelve month low of $41.60 and a twelve month high of $53.38.

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.