Cresset Asset Management LLC Takes Position in NEOS S&P 500 High Income ETF $SPYI

Cresset Asset Management LLC purchased a new position in NEOS S&P 500 High Income ETF (BATS:SPYI) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 15,029 shares of the company’s stock, valued at approximately $786,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Howard Capital Management Inc. bought a new position in NEOS S&P 500 High Income ETF in the third quarter worth approximately $21,542,000. Merit Financial Group LLC purchased a new stake in NEOS S&P 500 High Income ETF during the third quarter worth $21,418,000. Envestnet Asset Management Inc. lifted its holdings in NEOS S&P 500 High Income ETF by 310.4% during the third quarter. Envestnet Asset Management Inc. now owns 352,525 shares of the company’s stock worth $18,437,000 after buying an additional 266,635 shares during the period. MADDEN SECURITIES Corp boosted its position in NEOS S&P 500 High Income ETF by 204.1% during the 3rd quarter. MADDEN SECURITIES Corp now owns 352,855 shares of the company’s stock valued at $18,454,000 after acquiring an additional 236,835 shares in the last quarter. Finally, Chung Wu Investment Group LLC boosted its position in NEOS S&P 500 High Income ETF by 32,643.3% during the 3rd quarter. Chung Wu Investment Group LLC now owns 98,230 shares of the company’s stock valued at $5,137,000 after acquiring an additional 97,930 shares in the last quarter.

NEOS S&P 500 High Income ETF Trading Down 0.2%

Shares of BATS:SPYI opened at $51.51 on Wednesday. The company has a market capitalization of $4.25 billion, a PE ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a 12-month low of $41.60 and a 12-month high of $53.38. The business’s fifty day simple moving average is $52.47 and its 200-day simple moving average is $52.38.

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.