Brown Lisle Cummings Inc. Sells 550 Shares of NEOS S&P 500 High Income ETF (BATS:SPYI)

Brown Lisle Cummings Inc. trimmed its stake in NEOS S&P 500 High Income ETF (BATS:SPYI) by 1.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,950 shares of the company’s stock after selling 550 shares during the period. Brown Lisle Cummings Inc. owned 0.11% of NEOS S&P 500 High Income ETF worth $1,420,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of SPYI. JPMorgan Chase & Co. purchased a new position in NEOS S&P 500 High Income ETF during the 3rd quarter valued at about $350,000. HighTower Advisors LLC boosted its position in shares of NEOS S&P 500 High Income ETF by 38.8% in the 3rd quarter. HighTower Advisors LLC now owns 21,382 shares of the company’s stock worth $1,099,000 after purchasing an additional 5,980 shares in the last quarter. Jane Street Group LLC boosted its holdings in NEOS S&P 500 High Income ETF by 15.5% in the third quarter. Jane Street Group LLC now owns 39,591 shares of the company’s stock worth $2,028,000 after acquiring an additional 5,299 shares in the last quarter. Cetera Investment Advisers increased its stake in NEOS S&P 500 High Income ETF by 104.8% during the 2nd quarter. Cetera Investment Advisers now owns 20,150 shares of the company’s stock valued at $1,011,000 after purchasing an additional 10,312 shares in the last quarter. Finally, US Bancorp DE increased its position in shares of NEOS S&P 500 High Income ETF by 49.6% during the third quarter. US Bancorp DE now owns 6,000 shares of the company’s stock valued at $307,000 after acquiring an additional 1,990 shares in the last quarter.

NEOS S&P 500 High Income ETF Stock Performance

Shares of BATS SPYI opened at $51.22 on Tuesday. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of 21.64 and a beta of 0.69. The stock has a fifty day moving average price of $51.74 and a 200 day moving average price of $51.13.

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.