Stratos Wealth Partners LTD. Raises Stock Position in NEOS S&P 500 High Income ETF $SPYI

Stratos Wealth Partners LTD. lifted its holdings in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 14.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 182,960 shares of the company’s stock after acquiring an additional 23,183 shares during the quarter. Stratos Wealth Partners LTD. owned about 0.22% of NEOS S&P 500 High Income ETF worth $9,611,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in SPYI. Cloud Capital Management LLC acquired a new stake in NEOS S&P 500 High Income ETF in the 3rd quarter valued at $27,000. Pinnacle Bancorp Inc. acquired a new position in shares of NEOS S&P 500 High Income ETF during the third quarter worth about $31,000. Activest Wealth Management boosted its position 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 worth $52,000 after buying an additional 599 shares during the period. Abound Wealth Management boosted its position in shares of 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 worth $62,000 after buying an additional 997 shares during the period. Finally, Geneos Wealth Management Inc. grew its stake in shares of NEOS S&P 500 High Income ETF by 232.3% in the third quarter. Geneos Wealth Management Inc. now owns 1,369 shares of the company’s stock valued at $72,000 after buying an additional 957 shares in the last quarter.

NEOS S&P 500 High Income ETF Stock Performance

SPYI stock opened at $49.72 on Friday. The firm has a market cap of $4.11 billion, a P/E ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a 1 year low of $41.60 and a 1 year high of $53.38. The stock has a 50-day simple moving average of $51.39 and a 200-day simple moving average of $52.14.

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.