Orion Portfolio Solutions LLC Has $4.12 Million Holdings in NEOS S&P 500 High Income ETF (BATS:SPYI)

Orion Portfolio Solutions LLC lessened its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 9.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 81,009 shares of the company’s stock after selling 8,525 shares during the period. Orion Portfolio Solutions LLC owned approximately 0.32% of NEOS S&P 500 High Income ETF worth $4,117,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Rockefeller Capital Management L.P. boosted its stake in NEOS S&P 500 High Income ETF by 48.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 23,309 shares of the company’s stock valued at $1,194,000 after purchasing an additional 7,559 shares during the period. HighTower Advisors LLC grew its stake in shares of NEOS S&P 500 High Income ETF by 38.8% in the third quarter. HighTower Advisors LLC now owns 21,382 shares of the company’s stock valued at $1,099,000 after acquiring an additional 5,980 shares in the last quarter. Stifel Financial Corp increased its position in NEOS S&P 500 High Income ETF by 8.1% during the third quarter. Stifel Financial Corp now owns 433,365 shares of the company’s stock worth $22,201,000 after acquiring an additional 32,386 shares during the period. Jane Street Group LLC raised its stake in 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 in the last quarter. Finally, Insigneo Advisory Services LLC acquired a new stake in NEOS S&P 500 High Income ETF in the 3rd quarter worth about $818,000.

NEOS S&P 500 High Income ETF Stock Down 6.0 %

Shares of BATS:SPYI opened at $47.60 on Monday. NEOS S&P 500 High Income ETF has a 12-month low of $46.38 and a 12-month high of $52.78. The company’s 50 day moving average price is $50.52 and its two-hundred day moving average price is $51.21. The firm has a market cap of $3.06 billion, a PE ratio of 24.53 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.