Atria Wealth Solutions Inc. Boosts Stake in NEOS S&P 500 High Income ETF (BATS:SPYI)

Atria Wealth Solutions Inc. raised its holdings in NEOS S&P 500 High Income ETF (BATS:SPYI) by 28.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,374 shares of the company’s stock after purchasing an additional 8,566 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in NEOS S&P 500 High Income ETF were worth $1,950,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Gradient Investments LLC raised its position in NEOS S&P 500 High Income ETF by 24.4% in the fourth quarter. Gradient Investments LLC now owns 2,205,348 shares of the company’s stock valued at $112,076,000 after purchasing an additional 432,976 shares during the period. Stifel Financial Corp grew its stake in shares of NEOS S&P 500 High Income ETF by 8.1% in the third quarter. Stifel Financial Corp now owns 433,365 shares of the company’s stock valued at $22,201,000 after buying an additional 32,386 shares in the last quarter. Brown Financial Advisors grew its stake in shares of NEOS S&P 500 High Income ETF by 2,856.6% in the third quarter. Brown Financial Advisors now owns 164,448 shares of the company’s stock valued at $8,425,000 after buying an additional 158,886 shares in the last quarter. MML Investors Services LLC grew its stake in shares of NEOS S&P 500 High Income ETF by 50.6% in the third quarter. MML Investors Services LLC now owns 154,762 shares of the company’s stock valued at $7,928,000 after buying an additional 51,981 shares in the last quarter. Finally, Private Advisor Group LLC grew its stake in shares of NEOS S&P 500 High Income ETF by 103.1% in the third quarter. Private Advisor Group LLC now owns 133,541 shares of the company’s stock valued at $6,857,000 after buying an additional 67,805 shares in the last quarter.

NEOS S&P 500 High Income ETF Price Performance

Shares of BATS SPYI opened at $51.65 on Friday. The company has a fifty day moving average price of $51.61 and a two-hundred day moving average price of $51.35. The firm has a market capitalization of $3.10 billion, a PE ratio of 26.80 and a beta of 0.70.

NEOS S&P 500 High Income ETF 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.