NEOS S&P 500 High Income ETF $SPYI is MADDEN SECURITIES Corp’s Largest Position

MADDEN SECURITIES Corp lifted its stake in NEOS S&P 500 High Income ETF (BATS:SPYI) by 204.1% during the third quarter, HoldingsChannel.com reports. The firm owned 352,855 shares of the company’s stock after purchasing an additional 236,835 shares during the quarter. NEOS S&P 500 High Income ETF makes up about 5.6% of MADDEN SECURITIES Corp’s portfolio, making the stock its largest holding. MADDEN SECURITIES Corp’s holdings in NEOS S&P 500 High Income ETF were worth $18,454,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Tompkins Financial Corp purchased a new position in NEOS S&P 500 High Income ETF in the 2nd quarter worth approximately $53,000. Geneos Wealth Management Inc. raised its holdings in shares of NEOS S&P 500 High Income ETF by 232.3% during the third quarter. Geneos Wealth Management Inc. now owns 1,369 shares of the company’s stock valued at $72,000 after purchasing an additional 957 shares during the last quarter. Parallel Advisors LLC bought a new position in NEOS S&P 500 High Income ETF during the second quarter valued at approximately $77,000. EverSource Wealth Advisors LLC bought a new stake in NEOS S&P 500 High Income ETF in the 2nd quarter worth approximately $91,000. Finally, NewEdge Advisors LLC lifted its holdings in shares of NEOS S&P 500 High Income ETF by 215.1% during the 1st quarter. NewEdge Advisors LLC now owns 2,048 shares of the company’s stock valued at $98,000 after buying an additional 1,398 shares during the period.

NEOS S&P 500 High Income ETF Price Performance

Shares of SPYI opened at $53.21 on Friday. The firm has a market capitalization of $4.39 billion, a P/E ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a one year low of $41.60 and a one year high of $52.78. The business has a fifty day moving average of $52.58 and a 200 day moving average of $51.93.

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. SPYI was launched on Aug 30, 2022 and is managed by Neos.