NEOS S&P 500 High Income ETF $SPYI Shares Bought by Farther Finance Advisors LLC

Farther Finance Advisors LLC lifted its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 218.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,507 shares of the company’s stock after acquiring an additional 12,016 shares during the quarter. Farther Finance Advisors LLC’s holdings in NEOS S&P 500 High Income ETF were worth $920,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Cloud Capital Management LLC purchased a new position in NEOS S&P 500 High Income ETF in the 3rd quarter valued at approximately $27,000. Pinnacle Bancorp Inc. purchased a new stake in NEOS S&P 500 High Income ETF during the third quarter worth $31,000. Optima Capital LLC purchased a new stake in NEOS S&P 500 High Income ETF during the fourth quarter worth $37,000. Activest Wealth Management grew its holdings in NEOS S&P 500 High Income ETF by 154.8% in the third quarter. Activest Wealth Management now owns 986 shares of the company’s stock valued at $52,000 after purchasing an additional 599 shares during the last quarter. Finally, Abound Wealth Management grew its holdings in NEOS S&P 500 High Income ETF by 519.3% in the fourth quarter. Abound Wealth Management now owns 1,189 shares of the company’s stock valued at $62,000 after purchasing an additional 997 shares during the last quarter.

NEOS S&P 500 High Income ETF Stock Down 0.4%

Shares of SPYI stock opened at $52.08 on Thursday. The stock has a market cap of $4.30 billion, a P/E ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a fifty-two week low of $45.54 and a fifty-two week high of $53.38. The business has a fifty day simple moving average of $51.09 and a 200-day simple moving average of $52.07.

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.