PVG Asset Management Corp acquired a new position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) in the second quarter, Holdings Channel.com reports. The fund acquired 13,163 shares of the company’s stock, valued at approximately $662,000. NEOS S&P 500 High Income ETF comprises about 2.3% of PVG Asset Management Corp’s portfolio, making the stock its 11th biggest holding.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tompkins Financial Corp bought a new position in NEOS S&P 500 High Income ETF in the second quarter valued at $53,000. Parallel Advisors LLC purchased a new position in shares of NEOS S&P 500 High Income ETF in the 2nd quarter worth about $77,000. EverSource Wealth Advisors LLC purchased a new position in shares of NEOS S&P 500 High Income ETF in the 2nd quarter worth about $91,000. City State Bank increased its position in shares of NEOS S&P 500 High Income ETF by 100.0% during the 2nd quarter. City State Bank now owns 2,000 shares of the company’s stock valued at $101,000 after purchasing an additional 1,000 shares during the last quarter. Finally, GHP Investment Advisors Inc. raised its holdings in shares of NEOS S&P 500 High Income ETF by 26.4% during the 2nd quarter. GHP Investment Advisors Inc. now owns 2,013 shares of the company’s stock valued at $101,000 after buying an additional 421 shares in the last quarter.
NEOS S&P 500 High Income ETF Price Performance
BATS:SPYI opened at $52.72 on Monday. The company has a market capitalization of $4.35 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. The business has a 50 day moving average of $52.43 and a 200 day moving average of $51.50. NEOS S&P 500 High Income ETF has a 1-year low of $41.60 and a 1-year high of $52.78.
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.
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Want to see what other hedge funds are holding SPYI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report).
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