U.S. Capital Wealth Advisors LLC Increases Stock Position in NEOS S&P 500 High Income ETF (BATS:SPYI)

U.S. Capital Wealth Advisors LLC lifted its stake in NEOS S&P 500 High Income ETF (BATS:SPYI) by 0.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 35,183 shares of the company’s stock after buying an additional 238 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in NEOS S&P 500 High Income ETF were worth $1,788,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. JPMorgan Chase & Co. purchased a new position in shares of NEOS S&P 500 High Income ETF in the 3rd quarter worth about $350,000. HighTower Advisors LLC raised its position in shares of NEOS S&P 500 High Income ETF by 38.8% in the 3rd quarter. HighTower Advisors LLC now owns 21,382 shares of the company’s stock worth $1,099,000 after purchasing an additional 5,980 shares during the last quarter. Jane Street Group LLC raised its position in shares of NEOS S&P 500 High Income ETF by 15.5% in the 3rd quarter. Jane Street Group LLC now owns 39,591 shares of the company’s stock worth $2,028,000 after purchasing an additional 5,299 shares during the last quarter. Cetera Investment Advisers raised its position in shares of NEOS S&P 500 High Income ETF by 104.8% in the 2nd quarter. Cetera Investment Advisers now owns 20,150 shares of the company’s stock worth $1,011,000 after purchasing an additional 10,312 shares during the last quarter. Finally, US Bancorp DE raised its position in shares of NEOS S&P 500 High Income ETF by 49.6% in the 3rd quarter. US Bancorp DE now owns 6,000 shares of the company’s stock worth $307,000 after purchasing an additional 1,990 shares during the last quarter.

NEOS S&P 500 High Income ETF Trading Up 1.1 %

SPYI opened at $51.22 on Tuesday. The stock has a 50-day moving average of $51.74 and a 200-day moving average of $51.13. The stock has a market cap of $1.29 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.