Sentinel Advisory Group LLC Takes Position in NEOS S&P 500 High Income ETF $SPYI

Sentinel Advisory Group LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 151,804 shares of the company’s stock, valued at approximately $7,495,000. NEOS S&P 500 High Income ETF makes up 3.7% of Sentinel Advisory Group LLC’s investment portfolio, making the stock its 9th biggest position. Sentinel Advisory Group LLC owned about 0.18% of NEOS S&P 500 High Income ETF at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Pacific Point Advisors LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF in the 4th quarter worth approximately $1,158,000. CCG Wealth Management LLC bought a new position in shares of NEOS S&P 500 High Income ETF in the fourth quarter valued at approximately $778,000. Capital Investment Advisory Services LLC increased its stake in shares of NEOS S&P 500 High Income ETF by 53.7% during the fourth quarter. Capital Investment Advisory Services LLC now owns 154,527 shares of the company’s stock valued at $8,117,000 after acquiring an additional 54,021 shares during the period. Bay Capital Advisors LLC acquired a new position in shares of NEOS S&P 500 High Income ETF during the fourth quarter valued at approximately $803,000. Finally, BCS Wealth Management raised its holdings in NEOS S&P 500 High Income ETF by 157.0% during the fourth quarter. BCS Wealth Management now owns 20,030 shares of the company’s stock worth $1,052,000 after purchasing an additional 12,237 shares in the last quarter.

NEOS S&P 500 High Income ETF Price Performance

SPYI opened at $52.30 on Friday. The company has a market capitalization of $4.32 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a 1-year low of $47.77 and a 1-year high of $54.11. The business has a 50 day moving average price of $53.15 and a two-hundred day moving average price of $52.34.

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.