High Net Worth Advisory Group LLC Acquires 16,849 Shares of NEOS S&P 500 High Income ETF (BATS:SPYI)

High Net Worth Advisory Group LLC increased its stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 59.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 45,420 shares of the company’s stock after purchasing an additional 16,849 shares during the period. High Net Worth Advisory Group LLC’s holdings in NEOS S&P 500 High Income ETF were worth $2,308,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Centennial Bank AR increased its holdings in shares of NEOS S&P 500 High Income ETF by 190.9% in the second quarter. Centennial Bank AR now owns 864 shares of the company’s stock worth $43,000 after purchasing an additional 567 shares during the last quarter. Creative Financial Designs Inc. ADV raised its holdings in shares of NEOS S&P 500 High Income ETF by 176.9% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,800 shares of the company’s stock worth $92,000 after acquiring an additional 1,150 shares in the last quarter. Continuum Advisory LLC raised its stake in NEOS S&P 500 High Income ETF by 503.2% during the third quarter. Continuum Advisory LLC now owns 2,419 shares of the company’s stock valued at $127,000 after purchasing an additional 2,018 shares in the last quarter. MCF Advisors LLC grew its stake in shares of NEOS S&P 500 High Income ETF by 2,548.3% in the 4th quarter. MCF Advisors LLC now owns 3,072 shares of the company’s stock worth $156,000 after buying an additional 2,956 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC purchased a new position in shares of NEOS S&P 500 High Income ETF in the 3rd quarter worth $227,000.

NEOS S&P 500 High Income ETF Stock Performance

Shares of SPYI stock opened at $51.74 on Monday. The stock has a market capitalization of $1.31 billion, a P/E ratio of 21.64 and a beta of 0.69. The company’s 50-day moving average is $51.79 and its 200 day moving average is $51.11.

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.