Envestnet Portfolio Solutions Inc. Buys Shares of 6,341 NEOS S&P 500 High Income ETF (BATS:SPYI)

Envestnet Portfolio Solutions Inc. purchased a new position in NEOS S&P 500 High Income ETF (BATS:SPYI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 6,341 shares of the company’s stock, valued at approximately $322,000.

Other hedge funds also recently made changes to their positions in the company. Anfield Capital Management LLC purchased a new stake in NEOS S&P 500 High Income ETF during the 4th quarter worth about $55,000. Montag A & Associates Inc. lifted its holdings in shares of NEOS S&P 500 High Income ETF by 27.8% in the fourth quarter. Montag A & Associates Inc. now owns 1,194 shares of the company’s stock worth $61,000 after buying an additional 260 shares in the last quarter. Continuum Advisory LLC boosted its position in shares of NEOS S&P 500 High Income ETF by 503.2% in the third quarter. Continuum Advisory LLC now owns 2,419 shares of the company’s stock valued at $127,000 after acquiring an additional 2,018 shares during the period. Private Trust Co. NA purchased a new position in NEOS S&P 500 High Income ETF during the fourth quarter valued at approximately $152,000. Finally, MCF Advisors LLC increased its holdings in NEOS S&P 500 High Income ETF by 2,548.3% during the 4th quarter. MCF Advisors LLC now owns 3,072 shares of the company’s stock worth $156,000 after acquiring an additional 2,956 shares during the period.

NEOS S&P 500 High Income ETF Price Performance

Shares of BATS:SPYI opened at $48.58 on Friday. The firm has a fifty day moving average price of $50.60 and a two-hundred day moving average price of $51.22. The company has a market cap of $3.01 billion, a price-to-earnings ratio of 24.72 and a beta of 0.69. NEOS S&P 500 High Income ETF has a one year low of $46.38 and a one year high of $52.78.

About NEOS S&P 500 High Income ETF

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.