Moloney Securities Asset Management LLC Increases Stake in NEOS S&P 500 High Income ETF (BATS:SPYI)

Moloney Securities Asset Management LLC grew its position in NEOS S&P 500 High Income ETF (BATS:SPYI) by 7.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,621 shares of the company’s stock after acquiring an additional 843 shares during the quarter. Moloney Securities Asset Management LLC owned about 0.05% of NEOS S&P 500 High Income ETF worth $647,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in SPYI. Private Advisor Group LLC increased its stake in NEOS S&P 500 High Income ETF by 63.6% in the 1st quarter. Private Advisor Group LLC now owns 10,716 shares of the company’s stock worth $540,000 after buying an additional 4,165 shares during the period. HBC Financial Services PLLC purchased a new position in NEOS S&P 500 High Income ETF in the 1st quarter worth about $134,000. Atomi Financial Group Inc. increased its stake in NEOS S&P 500 High Income ETF by 63.5% in the 1st quarter. Atomi Financial Group Inc. now owns 7,637 shares of the company’s stock worth $385,000 after buying an additional 2,967 shares during the period. Avantax Advisory Services Inc. purchased a new position in NEOS S&P 500 High Income ETF in the 1st quarter worth about $300,000. Finally, Camarda Financial Advisors LLC increased its stake in NEOS S&P 500 High Income ETF by 36.0% in the 1st quarter. Camarda Financial Advisors LLC now owns 82,227 shares of the company’s stock worth $4,141,000 after buying an additional 21,757 shares during the period.

NEOS S&P 500 High Income ETF Stock Up 1.7 %

SPYI stock opened at $52.04 on Thursday. The stock has a market cap of $1.31 billion, a P/E ratio of 21.64 and a beta of 0.69. The business has a 50 day moving average of $51.03 and a 200-day moving average of $50.28.

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.