Aventura Private Wealth LLC Makes New $12.64 Million Investment in NEOS S&P 500 High Income ETF $SPYI

Aventura Private Wealth LLC purchased a new stake in NEOS S&P 500 High Income ETF (BATS:SPYI) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 240,530 shares of the company’s stock, valued at approximately $12,635,000. NEOS S&P 500 High Income ETF accounts for approximately 4.5% of Aventura Private Wealth LLC’s investment portfolio, making the stock its 4th biggest position.

Other hedge funds have also recently added to or reduced their stakes in the company. Cloud Capital Management LLC acquired a new position in NEOS S&P 500 High Income ETF in the third quarter valued at approximately $27,000. Pinnacle Bancorp Inc. acquired a new position in NEOS S&P 500 High Income ETF in the third quarter valued at $31,000. Activest Wealth Management grew its holdings in shares of NEOS S&P 500 High Income ETF by 154.8% during the third quarter. Activest Wealth Management now owns 986 shares of the company’s stock worth $52,000 after purchasing an additional 599 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of NEOS S&P 500 High Income ETF by 232.3% in the 3rd quarter. Geneos Wealth Management Inc. now owns 1,369 shares of the company’s stock valued at $72,000 after purchasing an additional 957 shares during the last quarter. Finally, EverSource Wealth Advisors LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF in the 2nd quarter valued at about $91,000.

NEOS S&P 500 High Income ETF Stock Performance

BATS SPYI opened at $49.27 on Friday. The firm’s fifty day moving average is $52.10 and its two-hundred day moving average is $52.32. The firm has a market cap of $4.07 billion, a PE ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a one year low of $41.60 and a one year high of $53.38.

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. SPYI was launched on Aug 30, 2022 and is managed by Neos.