RFG Advisory LLC Has $1.26 Million Stock Position in NEOS S&P 500 High Income ETF (BATS:SPYI)

RFG Advisory LLC boosted its holdings in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 134.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,768 shares of the company’s stock after acquiring an additional 14,221 shares during the period. RFG Advisory LLC owned approximately 0.10% of NEOS S&P 500 High Income ETF worth $1,259,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Centennial Bank AR raised its holdings in shares of NEOS S&P 500 High Income ETF by 190.9% during the second quarter. Centennial Bank AR now owns 864 shares of the company’s stock worth $43,000 after acquiring an additional 567 shares during the period. Diversify Wealth Management LLC increased its holdings in NEOS S&P 500 High Income ETF by 5.1% during the 4th quarter. Diversify Wealth Management LLC now owns 12,044 shares of the company’s stock worth $609,000 after purchasing an additional 588 shares in the last quarter. Brown Lisle Cummings Inc. raised its stake in shares of NEOS S&P 500 High Income ETF by 2.2% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 28,500 shares of the company’s stock valued at $1,460,000 after purchasing an additional 625 shares during the period. Claro Advisors LLC lifted its holdings in shares of NEOS S&P 500 High Income ETF by 4.3% in the third quarter. Claro Advisors LLC now owns 15,943 shares of the company’s stock valued at $817,000 after purchasing an additional 655 shares in the last quarter. Finally, Cascade Investment Group Inc. boosted its position in shares of NEOS S&P 500 High Income ETF by 2.2% during the fourth quarter. Cascade Investment Group Inc. now owns 37,180 shares of the company’s stock worth $1,889,000 after buying an additional 800 shares during the period.

NEOS S&P 500 High Income ETF Stock Performance

Shares of NEOS S&P 500 High Income ETF stock opened at $51.74 on Friday. The company has a 50-day moving average price of $51.79 and a 200 day moving average price of $51.11. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of 21.64 and a beta of 0.69.

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.