NEOS S&P 500 High Income ETF $SPYI Shares Purchased by Diversify Wealth Management LLC

Diversify Wealth Management LLC lifted its stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 81.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,720 shares of the company’s stock after acquiring an additional 19,233 shares during the period. Diversify Wealth Management LLC owned 0.05% of NEOS S&P 500 High Income ETF worth $2,227,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPYI. Royal Bank of Canada grew its holdings in NEOS S&P 500 High Income ETF by 17.5% in the first quarter. Royal Bank of Canada now owns 62,184 shares of the company’s stock valued at $2,978,000 after purchasing an additional 9,262 shares during the period. NewEdge Advisors LLC raised 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 purchasing an additional 1,398 shares during the period. EverSource Wealth Advisors LLC purchased a new position in NEOS S&P 500 High Income ETF during the second quarter worth approximately $91,000. Baird Financial Group Inc. acquired a new position in shares of NEOS S&P 500 High Income ETF in the 2nd quarter valued at $704,000. Finally, Jump Financial LLC acquired a new position in shares of NEOS S&P 500 High Income ETF in the 2nd quarter valued at $1,132,000.

NEOS S&P 500 High Income ETF Trading Down 0.6%

SPYI stock opened at $53.37 on Tuesday. The stock has a 50-day moving average price of $53.21 and a two-hundred day moving average price of $52.31. NEOS S&P 500 High Income ETF has a 12-month low of $47.77 and a 12-month high of $54.11. The company has a market cap of $4.41 billion, a PE ratio of 25.58 and a beta of 0.71.

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.