Allworth Financial LP Takes Position in NEOS S&P 500 High Income ETF (BATS:SPYI)

Allworth Financial LP acquired a new stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,238 shares of the company’s stock, valued at approximately $167,000.

Several other hedge funds have also recently modified their holdings of SPYI. Montag A & Associates Inc. increased its holdings in shares of NEOS S&P 500 High Income ETF by 27.8% during the fourth quarter. Montag A & Associates Inc. now owns 1,194 shares of the company’s stock valued at $61,000 after acquiring an additional 260 shares in the last quarter. Creative Financial Designs Inc. ADV increased its holdings in NEOS S&P 500 High Income ETF by 176.9% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,800 shares of the company’s stock worth $92,000 after buying an additional 1,150 shares during the period. Continuum Advisory LLC increased its holdings in NEOS S&P 500 High Income ETF by 503.2% in the 3rd quarter. Continuum Advisory LLC now owns 2,419 shares of the company’s stock worth $127,000 after buying an additional 2,018 shares during the period. MCF Advisors LLC increased its holdings in NEOS S&P 500 High Income ETF by 2,548.3% in the 4th quarter. MCF Advisors LLC now owns 3,072 shares of the company’s stock worth $156,000 after buying an additional 2,956 shares during the period. Finally, Heck Capital Advisors LLC acquired a new position in NEOS S&P 500 High Income ETF in the 4th quarter worth approximately $160,000.

NEOS S&P 500 High Income ETF Trading Up 2.0 %

Shares of BATS:SPYI opened at $51.65 on Friday. The stock has a fifty day simple moving average of $51.61 and a 200 day simple moving average of $51.35. The firm has a market cap of $3.10 billion, a P/E ratio of 26.80 and a beta of 0.70.

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.