Capital Investment Advisory Services LLC Acquires 54,021 Shares of NEOS S&P 500 High Income ETF $SPYI

Capital Investment Advisory Services LLC raised its holdings in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 53.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 154,527 shares of the company’s stock after purchasing an additional 54,021 shares during the quarter. Capital Investment Advisory Services LLC owned 0.19% of NEOS S&P 500 High Income ETF worth $8,117,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPYI. Cloud Capital Management LLC purchased a new position in NEOS S&P 500 High Income ETF during the 3rd quarter worth $27,000. Pinnacle Bancorp Inc. purchased a new position in NEOS S&P 500 High Income ETF during the 3rd quarter worth $31,000. Activest Wealth Management boosted its holdings in NEOS S&P 500 High Income ETF by 154.8% during the 3rd quarter. Activest Wealth Management now owns 986 shares of the company’s stock worth $52,000 after acquiring an additional 599 shares during the last quarter. Abound Wealth Management boosted its holdings in NEOS S&P 500 High Income ETF by 519.3% during the 4th quarter. Abound Wealth Management now owns 1,189 shares of the company’s stock worth $62,000 after acquiring an additional 997 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in NEOS S&P 500 High Income ETF by 232.3% during the 3rd quarter. Geneos Wealth Management Inc. now owns 1,369 shares of the company’s stock worth $72,000 after acquiring an additional 957 shares during the last quarter.

NEOS S&P 500 High Income ETF Price Performance

SPYI opened at $50.87 on Thursday. The company has a market capitalization of $4.20 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. The firm’s fifty day moving average price is $51.24 and its two-hundred day moving average price is $52.09. NEOS S&P 500 High Income ETF has a 1 year low of $42.52 and a 1 year 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.