Kestra Private Wealth Services LLC Has $2.07 Million Stake in NEOS S&P 500 High Income ETF $SPYI

Kestra Private Wealth Services LLC boosted its holdings in NEOS S&P 500 High Income ETF (BATS:SPYI) by 31.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 41,935 shares of the company’s stock after buying an additional 9,985 shares during the period. Kestra Private Wealth Services LLC owned approximately 0.05% of NEOS S&P 500 High Income ETF worth $2,070,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. LPL Financial LLC boosted its position in shares of NEOS S&P 500 High Income ETF by 36.5% in the 4th quarter. LPL Financial LLC now owns 3,139,873 shares of the company’s stock worth $164,938,000 after purchasing an additional 839,220 shares during the last quarter. Gradient Investments LLC boosted its holdings in NEOS S&P 500 High Income ETF by 1.8% during the fourth quarter. Gradient Investments LLC now owns 1,785,248 shares of the company’s stock worth $93,779,000 after buying an additional 32,277 shares during the last quarter. UBS Group AG boosted its holdings in NEOS S&P 500 High Income ETF by 77.9% during the fourth quarter. UBS Group AG now owns 1,054,374 shares of the company’s stock worth $55,386,000 after buying an additional 461,724 shares during the last quarter. Royal Bank of Canada grew its position in shares of NEOS S&P 500 High Income ETF by 80.6% during the 4th quarter. Royal Bank of Canada now owns 927,241 shares of the company’s stock worth $48,707,000 after buying an additional 413,801 shares during the period. Finally, MML Investors Services LLC increased its stake in shares of NEOS S&P 500 High Income ETF by 12.3% in the 4th quarter. MML Investors Services LLC now owns 645,689 shares of the company’s stock valued at $33,918,000 after acquiring an additional 70,938 shares during the last quarter.

NEOS S&P 500 High Income ETF Price Performance

Shares of BATS:SPYI opened at $51.99 on Monday. The firm’s 50 day simple moving average is $52.99 and its 200 day simple moving average is $52.28. 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. The company has a market capitalization of $4.29 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71.

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