World Equity Group Inc. bought a new stake in NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 17,294 shares of the company’s stock, valued at approximately $879,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Creative Planning bought a new position in shares of NEOS S&P 500 High Income ETF during the 3rd quarter worth $306,000. Private Advisor Group LLC boosted its position in NEOS S&P 500 High Income ETF by 103.1% during the third quarter. Private Advisor Group LLC now owns 133,541 shares of the company’s stock worth $6,857,000 after purchasing an additional 67,805 shares during the period. Silver Oak Securities Incorporated increased its stake in shares of NEOS S&P 500 High Income ETF by 64.9% in the third quarter. Silver Oak Securities Incorporated now owns 7,866 shares of the company’s stock worth $402,000 after purchasing an additional 3,097 shares in the last quarter. PFG Investments LLC lifted its stake in shares of NEOS S&P 500 High Income ETF by 69.8% during the 3rd quarter. PFG Investments LLC now owns 21,686 shares of the company’s stock valued at $1,111,000 after buying an additional 8,917 shares in the last quarter. Finally, Diversify Wealth Management LLC lifted its position in shares of NEOS S&P 500 High Income ETF by 102.0% during the third quarter. Diversify Wealth Management LLC now owns 11,456 shares of the company’s stock worth $586,000 after acquiring an additional 5,785 shares in the last quarter.
NEOS S&P 500 High Income ETF Stock Performance
Shares of NEOS S&P 500 High Income ETF stock opened at $51.65 on Friday. The stock has a 50-day moving average price of $51.61 and a 200-day moving average price of $51.35. The stock has a market capitalization of $3.10 billion, a P/E ratio of 26.80 and a beta of 0.70.
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.
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Want to see what other hedge funds are holding SPYI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report).
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