NEOS Enhanced Income 1-3 Month T-Bill ETF (NYSEARCA:CSHI) Trading 0% Higher – Here’s What Happened

NEOS Enhanced Income 1-3 Month T-Bill ETF (NYSEARCA:CSHI)’s stock price rose 0% during trading on Tuesday . The stock traded as high as $49.83 and last traded at $49.81. Approximately 523,540 shares traded hands during trading, an increase of 28% from the average daily volume of 408,127 shares. The stock had previously closed at $49.79.

NEOS Enhanced Income 1-3 Month T-Bill ETF Stock Performance

The company has a 50 day simple moving average of $49.78 and a 200 day simple moving average of $49.74. The company has a market capitalization of $1.09 billion, a PE ratio of 23.90 and a beta of 0.02.

Institutional Investors Weigh In On NEOS Enhanced Income 1-3 Month T-Bill ETF

Several large investors have recently bought and sold shares of CSHI. Carter Financial Group INC. boosted its holdings in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF by 7.7% during the 1st quarter. Carter Financial Group INC. now owns 10,159 shares of the company’s stock worth $506,000 after purchasing an additional 727 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its holdings in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF by 15.8% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 6,582 shares of the company’s stock worth $328,000 after purchasing an additional 900 shares during the last quarter. CoreCap Advisors LLC boosted its holdings in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF by 13.6% during the 4th quarter. CoreCap Advisors LLC now owns 20,996 shares of the company’s stock worth $1,044,000 after purchasing an additional 2,514 shares during the last quarter. Arax Advisory Partners boosted its holdings in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF by 6.1% during the 4th quarter. Arax Advisory Partners now owns 102,140 shares of the company’s stock worth $5,054,000 after purchasing an additional 5,833 shares during the last quarter. Finally, Moloney Securities Asset Management LLC acquired a new position in shares of NEOS Enhanced Income 1-3 Month T-Bill ETF during the 3rd quarter worth approximately $317,000.

About NEOS Enhanced Income 1-3 Month T-Bill ETF

The Neos Enhanced Income Cash Alternative ETF (CSHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in a portfolio of US ultra-short term Treasury bills while utilizing a combined with a US large-cap put spread futures strategy. CSHI was launched on Aug 30, 2022 and is managed by Neos.