PFG Advisors Purchases 406 Shares of NEOS S&P 500 High Income ETF (BATS:SPYI)

PFG Advisors grew its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 7.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,847 shares of the company’s stock after purchasing an additional 406 shares during the period. PFG Advisors’ holdings in NEOS S&P 500 High Income ETF were worth $297,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in SPYI. Anfield Capital Management LLC bought a new stake in NEOS S&P 500 High Income ETF during the fourth quarter worth about $55,000. Montag A & Associates Inc. lifted its stake in shares of NEOS S&P 500 High Income ETF by 27.8% in the 4th 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 during the last quarter. Continuum Advisory LLC lifted its stake in shares of 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 valued at $127,000 after acquiring an additional 2,018 shares during the last quarter. Private Trust Co. NA bought a new stake in shares of NEOS S&P 500 High Income ETF in the 4th quarter valued at about $152,000. Finally, MCF Advisors LLC lifted its stake in shares of 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 valued at $156,000 after acquiring an additional 2,956 shares during the last quarter.

NEOS S&P 500 High Income ETF Trading Down 4.0 %

BATS SPYI opened at $48.60 on Friday. NEOS S&P 500 High Income ETF has a 1-year low of $46.38 and a 1-year high of $52.78. The stock has a 50-day moving average of $50.97 and a 200-day moving average of $51.30. The firm has a market cap of $3.01 billion, a PE ratio of 24.72 and a beta of 0.69.

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.