Cetera Investment Advisers Buys 143,956 Shares of NEOS S&P 500 High Income ETF $SPYI

Cetera Investment Advisers boosted its position in NEOS S&P 500 High Income ETF (BATS:SPYI) by 36.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 536,814 shares of the company’s stock after purchasing an additional 143,956 shares during the period. Cetera Investment Advisers owned about 0.65% of NEOS S&P 500 High Income ETF worth $26,503,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. United Community Bank purchased a new stake in NEOS S&P 500 High Income ETF in the fourth quarter worth $26,000. HFM Investment Advisors LLC bought a new position in shares of NEOS S&P 500 High Income ETF during the 4th quarter worth $27,000. Root Financial Partners LLC grew its stake in shares of NEOS S&P 500 High Income ETF by 79.2% during the 1st quarter. Root Financial Partners LLC now owns 577 shares of the company’s stock worth $28,000 after acquiring an additional 255 shares during the period. Optima Capital LLC purchased a new stake in NEOS S&P 500 High Income ETF in the 4th quarter worth about $37,000. Finally, Wells Fargo & Company MN increased its holdings in NEOS S&P 500 High Income ETF by 503.0% in the 4th quarter. Wells Fargo & Company MN now owns 796 shares of the company’s stock worth $42,000 after acquiring an additional 664 shares during the last quarter.

NEOS S&P 500 High Income ETF Stock Performance

Shares of NEOS S&P 500 High Income ETF stock opened at $52.30 on Monday. NEOS S&P 500 High Income ETF has a 52-week low of $47.77 and a 52-week high of $54.11. The stock’s 50-day simple moving average is $53.15 and its 200 day simple moving average is $52.33. The stock has a market capitalization of $4.32 billion, a P/E ratio of 25.58 and a beta of 0.71.

NEOS S&P 500 High Income ETF Company 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.