Bauman Advisory Group LLC Takes $796,000 Position in NEOS S&P 500 High Income ETF $SPYI

Bauman Advisory Group LLC bought a new position in NEOS S&P 500 High Income ETF (BATS:SPYI) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 15,144 shares of the company’s stock, valued at approximately $796,000. NEOS S&P 500 High Income ETF makes up approximately 0.6% of Bauman Advisory Group LLC’s investment portfolio, making the stock its 28th largest holding.

Several other hedge funds have also recently modified their holdings of the business. Mcguire Capital Advisors Inc. bought a new stake in NEOS S&P 500 High Income ETF in the 4th quarter worth approximately $268,000. Compound Planning Inc. lifted its holdings in shares of NEOS S&P 500 High Income ETF by 1.1% during the 4th quarter. Compound Planning Inc. now owns 20,333 shares of the company’s stock valued at $1,068,000 after buying an additional 222 shares during the period. Axxcess Wealth Management LLC purchased a new position in shares of NEOS S&P 500 High Income ETF in the 4th quarter worth $481,000. Strive Financial Group LLC bought a new stake in shares of NEOS S&P 500 High Income ETF in the fourth quarter worth $67,000. Finally, Braeburn Wealth Management LLC purchased a new stake in NEOS S&P 500 High Income ETF during the fourth quarter valued at $316,000.

NEOS S&P 500 High Income ETF Stock Performance

SPYI stock opened at $53.05 on Friday. The company has a market cap of $4.38 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. The business’s 50-day moving average is $52.87 and its two-hundred day moving average is $52.29. NEOS S&P 500 High Income ETF has a fifty-two week low of $47.77 and a fifty-two week high of $54.11.

NEOS S&P 500 High Income ETF Company 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. SPYI was launched on Aug 30, 2022 and is managed by Neos.