Apollon Wealth Management LLC lifted its holdings in shares of NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) by 26.8% in the 1st quarter, Holdings Channel reports. The firm owned 145,291 shares of the company’s stock after acquiring an additional 30,690 shares during the period. Apollon Wealth Management LLC’s holdings in NEOS S&P 500 High Income ETF were worth $7,173,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. United Community Bank purchased a new stake in shares of NEOS S&P 500 High Income ETF during the 4th quarter valued at $26,000. HFM Investment Advisors LLC purchased a new stake in NEOS S&P 500 High Income ETF during the fourth quarter valued at about $27,000. Optima Capital LLC purchased a new stake in NEOS S&P 500 High Income ETF during the fourth quarter valued at about $37,000. Wells Fargo & Company MN lifted its stake in NEOS S&P 500 High Income ETF by 503.0% during the fourth quarter. Wells Fargo & Company MN now owns 796 shares of the company’s stock worth $42,000 after purchasing an additional 664 shares during the last quarter. Finally, Advocate Investing Services LLC bought a new stake in NEOS S&P 500 High Income ETF during the first quarter worth about $39,000.
NEOS S&P 500 High Income ETF Price Performance
BATS:SPYI opened at $52.72 on Tuesday. The business has a 50 day moving average of $53.00 and a 200 day moving average of $52.28. The company has a market capitalization of $4.35 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a 1-year low of $47.77 and a 1-year high of $54.11.
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.
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Want to see what other hedge funds are holding SPYI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report).
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