Brookstone Capital Management Buys 19,508 Shares of NEOS S&P 500 High Income ETF $SPYI

Brookstone Capital Management lifted its stake in NEOS S&P 500 High Income ETF (BATS:SPYI) by 82.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 43,225 shares of the company’s stock after purchasing an additional 19,508 shares during the quarter. Brookstone Capital Management’s holdings in NEOS S&P 500 High Income ETF were worth $2,271,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Royal Bank of Canada raised its holdings in NEOS S&P 500 High Income ETF by 17.5% during the 1st quarter. Royal Bank of Canada now owns 62,184 shares of the company’s stock valued at $2,978,000 after buying an additional 9,262 shares during the period. NewEdge Advisors LLC boosted its stake in NEOS S&P 500 High Income ETF by 215.1% during the first quarter. NewEdge Advisors LLC now owns 2,048 shares of the company’s stock worth $98,000 after buying an additional 1,398 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in NEOS S&P 500 High Income ETF by 291.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 42,648 shares of the company’s stock worth $2,146,000 after buying an additional 31,749 shares during the period. Lido Advisors LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF in the second quarter valued at $227,000. Finally, WCG Wealth Advisors LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF in the second quarter valued at $700,000.

NEOS S&P 500 High Income ETF Trading Up 0.1%

NEOS S&P 500 High Income ETF stock opened at $49.72 on Friday. The firm has a 50-day moving average price of $51.45 and a 200-day moving average price of $52.16. The firm has a market capitalization of $4.11 billion, a PE ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a 12-month low of $41.60 and a 12-month 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.