Private Advisor Group LLC Grows Position in NEOS S&P 500 High Income ETF (BATS:SPYI)

Private Advisor Group LLC lifted its holdings in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 397.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 664,748 shares of the company’s stock after buying an additional 531,207 shares during the period. Private Advisor Group LLC owned approximately 2.63% of NEOS S&P 500 High Income ETF worth $33,783,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Montag A & Associates Inc. boosted its position in shares of NEOS S&P 500 High Income ETF by 27.8% during the fourth quarter. Montag A & Associates Inc. now owns 1,194 shares of the company’s stock valued at $61,000 after buying an additional 260 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its position in shares of NEOS S&P 500 High Income ETF by 176.9% during the third quarter. Creative Financial Designs Inc. ADV now owns 1,800 shares of the company’s stock valued at $92,000 after buying an additional 1,150 shares during the last quarter. Continuum Advisory LLC boosted its position in shares of 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 buying an additional 2,018 shares during the last quarter. MCF Advisors LLC boosted its position in shares of NEOS S&P 500 High Income ETF by 2,548.3% during the fourth quarter. MCF Advisors LLC now owns 3,072 shares of the company’s stock valued at $156,000 after buying an additional 2,956 shares during the last quarter. Finally, Heck Capital Advisors LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF during the fourth quarter valued at $160,000.

NEOS S&P 500 High Income ETF Stock Performance

SPYI stock opened at $52.31 on Wednesday. The firm has a fifty day moving average price of $51.63 and a 200-day moving average price of $51.26. The company has a market capitalization of $1.32 billion, a P/E ratio of 21.64 and a beta of 0.69.

About NEOS S&P 500 High Income ETF

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.