Lee Johnson Capital Management LLC Raises Stake in NEOS S&P 500 High Income ETF $SPYI

Lee Johnson Capital Management LLC lifted its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 350.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 178,254 shares of the company’s stock after acquiring an additional 138,720 shares during the quarter. NEOS S&P 500 High Income ETF makes up 3.2% of Lee Johnson Capital Management LLC’s investment portfolio, making the stock its 6th largest position. Lee Johnson Capital Management LLC owned approximately 0.22% of NEOS S&P 500 High Income ETF worth $8,800,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in SPYI. Royal Bank of Canada lifted its holdings in NEOS S&P 500 High Income ETF by 17.5% during the first quarter. Royal Bank of Canada now owns 62,184 shares of the company’s stock valued at $2,978,000 after purchasing an additional 9,262 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of NEOS S&P 500 High Income ETF by 215.1% in the first quarter. NewEdge Advisors LLC now owns 2,048 shares of the company’s stock valued at $98,000 after purchasing an additional 1,398 shares during the period. EverSource Wealth Advisors LLC bought a new stake in shares of NEOS S&P 500 High Income ETF in the second quarter valued at approximately $91,000. Baird Financial Group Inc. purchased a new stake in shares of NEOS S&P 500 High Income ETF during the 2nd quarter valued at approximately $704,000. Finally, Jump Financial LLC bought a new position in NEOS S&P 500 High Income ETF in the 2nd quarter worth approximately $1,132,000.

NEOS S&P 500 High Income ETF Price Performance

SPYI stock opened at $53.05 on Monday. The stock has a 50-day simple moving average of $52.92 and a two-hundred day simple moving average of $52.30. NEOS S&P 500 High Income ETF has a twelve month low of $47.77 and a twelve month high of $54.11. The firm has a market capitalization of $4.38 billion, a PE ratio of 25.58 and a beta of 0.71.

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.