Ausdal Financial Partners Inc. Grows Position in NEOS S&P 500 High Income ETF $SPYI

Ausdal Financial Partners Inc. increased its stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 12.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 166,492 shares of the company’s stock after acquiring an additional 18,830 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in NEOS S&P 500 High Income ETF were worth $8,708,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of SPYI. Cloud Capital Management LLC bought a new stake in NEOS S&P 500 High Income ETF in the 3rd quarter valued at $27,000. Pinnacle Bancorp Inc. bought a new position in shares of NEOS S&P 500 High Income ETF during the 3rd quarter valued at about $31,000. Activest Wealth Management boosted its holdings in shares of NEOS S&P 500 High Income ETF by 154.8% during the 3rd quarter. Activest Wealth Management now owns 986 shares of the company’s stock valued at $52,000 after purchasing an additional 599 shares during the last quarter. Geneos Wealth Management Inc. grew its position 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 in the last quarter. Finally, EverSource Wealth Advisors LLC purchased a new position in shares of NEOS S&P 500 High Income ETF during the second quarter valued at about $91,000.

NEOS S&P 500 High Income ETF Trading Down 0.5%

Shares of SPYI stock opened at $50.53 on Friday. The stock has a market capitalization of $4.17 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a 12-month low of $41.60 and a 12-month high of $53.38. The stock’s 50-day moving average price is $52.37 and its 200-day moving average price is $52.37.

About NEOS S&P 500 High Income ETF

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.