NEOS S&P 500 High Income ETF $SPYI Shares Sold by Cascade Wealth Advisors Inc

Cascade Wealth Advisors Inc decreased its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 12.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 320,430 shares of the company’s stock after selling 46,990 shares during the quarter. NEOS S&P 500 High Income ETF makes up about 8.4% of Cascade Wealth Advisors Inc’s portfolio, making the stock its biggest holding. Cascade Wealth Advisors Inc owned approximately 0.39% of NEOS S&P 500 High Income ETF worth $16,941,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Cloud Capital Management LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF during the third quarter worth about $27,000. Pinnacle Bancorp Inc. acquired a new stake in NEOS S&P 500 High Income ETF during the 3rd quarter worth approximately $31,000. Activest Wealth Management increased its holdings in shares of 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 period. Geneos Wealth Management Inc. raised its stake in shares of NEOS S&P 500 High Income ETF by 232.3% during the third quarter. Geneos Wealth Management Inc. now owns 1,369 shares of the company’s stock worth $72,000 after purchasing an additional 957 shares during the last quarter. Finally, EverSource Wealth Advisors LLC purchased a new position in NEOS S&P 500 High Income ETF in the 2nd quarter valued at $91,000.

NEOS S&P 500 High Income ETF Stock Performance

SPYI stock opened at $52.09 on Monday. NEOS S&P 500 High Income ETF has a one year low of $41.60 and a one year high of $53.38. The company has a fifty day moving average of $52.66 and a 200-day moving average of $52.37. The stock has a market capitalization of $4.30 billion, a PE ratio of 25.58 and a beta of 0.71.

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.