Steele Capital Management Inc. Makes New Investment in NEOS S&P 500 High Income ETF (BATS:SPYI)

Steele Capital Management Inc. acquired a new stake in NEOS S&P 500 High Income ETF (BATS:SPYI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 29,500 shares of the company’s stock, valued at approximately $1,499,000. Steele Capital Management Inc. owned approximately 0.12% of NEOS S&P 500 High Income ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the business. Montag A & Associates Inc. grew its holdings in NEOS S&P 500 High Income ETF by 27.8% during the 4th quarter. Montag A & Associates Inc. now owns 1,194 shares of the company’s stock worth $61,000 after acquiring an additional 260 shares in the last quarter. Creative Financial Designs Inc. ADV grew its holdings in NEOS S&P 500 High Income ETF by 176.9% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,800 shares of the company’s stock worth $92,000 after acquiring an additional 1,150 shares in the last quarter. Continuum Advisory LLC grew its holdings in NEOS S&P 500 High Income ETF by 503.2% during the 3rd quarter. Continuum Advisory LLC now owns 2,419 shares of the company’s stock worth $127,000 after acquiring an additional 2,018 shares in the last quarter. MCF Advisors LLC grew 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 in the last quarter. Finally, Heck Capital Advisors LLC acquired a new position in NEOS S&P 500 High Income ETF during the 4th quarter worth approximately $160,000.

NEOS S&P 500 High Income ETF Stock Up 3.1 %

BATS SPYI opened at $52.22 on Tuesday. The firm has a market cap of $1.32 billion, a PE ratio of 21.64 and a beta of 0.69. The business’s 50 day moving average price is $51.63 and its 200 day moving average price is $51.26.

NEOS S&P 500 High Income ETF 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.