Park Avenue Securities LLC reduced its stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) by 10.9% in the third quarter, HoldingsChannel reports. The firm owned 112,158 shares of the company’s stock after selling 13,731 shares during the period. Park Avenue Securities LLC’s holdings in NEOS S&P 500 High Income ETF were worth $5,963,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in the stock. Foguth Wealth Management LLC. boosted its position in NEOS S&P 500 High Income ETF by 927.5% during the first quarter. Foguth Wealth Management LLC. now owns 1,214,307 shares of the company’s stock valued at $65,439,000 after purchasing an additional 1,096,123 shares in the last quarter. Gradient Investments LLC bought a new position in NEOS S&P 500 High Income ETF in the third quarter worth about $58,239,000. Envestnet Asset Management Inc. lifted its position in shares of NEOS S&P 500 High Income ETF by 62.9% during the second quarter. Envestnet Asset Management Inc. now owns 709,315 shares of the company’s stock valued at $37,658,000 after buying an additional 273,777 shares during the last quarter. Independent Financial Group LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF during the first quarter valued at about $8,039,000. Finally, Sentinel Advisory Group LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF during the first quarter valued at about $7,495,000.
NEOS S&P 500 High Income ETF Stock Performance
BATS:SPYI opened at $53.39 on Thursday. NEOS S&P 500 High Income ETF has a fifty-two week low of $47.77 and a fifty-two week high of $54.47. The stock has a market capitalization of $4.41 billion, a P/E ratio of 25.58 and a beta of 0.71. The company’s 50-day simple moving average is $53.50 and its 200-day simple moving average is $52.72.
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.
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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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