Range Advisory LLC Acquires 10,599 Shares of NEOS S&P 500 High Income ETF $SPYI

Range Advisory LLC raised its holdings in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 19.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 65,020 shares of the company’s stock after buying an additional 10,599 shares during the period. Range Advisory LLC’s holdings in NEOS S&P 500 High Income ETF were worth $3,452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Capital & Planning LLC increased its holdings in shares of NEOS S&P 500 High Income ETF by 131.2% in the second quarter. Capital & Planning LLC now owns 70,710 shares of the company’s stock valued at $3,754,000 after purchasing an additional 40,130 shares during the last quarter. Brown Lisle Cummings Inc. boosted its holdings in shares of NEOS S&P 500 High Income ETF by 14.8% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 46,455 shares of the company’s stock worth $2,466,000 after buying an additional 6,005 shares during the period. Brown Financial Advisors grew its stake in NEOS S&P 500 High Income ETF by 2.0% in the 2nd quarter. Brown Financial Advisors now owns 38,420 shares of the company’s stock valued at $2,040,000 after buying an additional 743 shares during the last quarter. Studio Investment Management LLC bought a new position in NEOS S&P 500 High Income ETF in the 2nd quarter valued at about $1,544,000. Finally, Readystate Asset Management LP bought a new position in NEOS S&P 500 High Income ETF in the 2nd quarter valued at about $2,230,000.

NEOS S&P 500 High Income ETF Price Performance

Shares of SPYI stock opened at $53.86 on Tuesday. The firm has a 50 day moving average price of $53.44 and a two-hundred day moving average price of $52.53. The company has a market capitalization of $4.45 billion, a PE ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a 12-month low of $47.77 and a 12-month high of $54.47.

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