Belpointe Asset Management LLC Purchases 22,673 Shares of NEOS S&P 500 High Income ETF $SPYI

Belpointe Asset Management LLC raised its holdings in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 38.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 82,246 shares of the company’s stock after buying an additional 22,673 shares during the period. Belpointe Asset Management LLC owned about 0.10% of NEOS S&P 500 High Income ETF worth $4,320,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Capital Investment Advisors LLC bought a new position in shares of NEOS S&P 500 High Income ETF during the third quarter valued at about $669,000. RFG Advisory LLC boosted its holdings in shares of NEOS S&P 500 High Income ETF by 67.6% during the third quarter. RFG Advisory LLC now owns 64,834 shares of the company’s stock worth $3,391,000 after purchasing an additional 26,159 shares during the period. Corient Private Wealth LLC purchased a new stake in NEOS S&P 500 High Income ETF in the second quarter worth about $1,286,000. Capital Advisory Group Advisory Services LLC lifted its holdings in NEOS S&P 500 High Income ETF by 27.8% in the fourth quarter. Capital Advisory Group Advisory Services LLC now owns 74,828 shares of the company’s stock worth $3,931,000 after buying an additional 16,266 shares during the period. Finally, Capital & Planning LLC lifted its holdings in NEOS S&P 500 High Income ETF by 55.2% in the fourth quarter. Capital & Planning LLC now owns 29,712 shares of the company’s stock worth $1,563,000 after buying an additional 10,568 shares during the period.

NEOS S&P 500 High Income ETF Price Performance

Shares of SPYI opened at $52.55 on Monday. NEOS S&P 500 High Income ETF has a one year low of $43.91 and a one year high of $53.38. The company has a 50-day simple moving average of $51.12 and a two-hundred day simple moving average of $52.07. The firm has a market capitalization of $4.34 billion, a PE ratio of 25.58 and a beta of 0.71.

NEOS S&P 500 High Income ETF 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.