International Assets Investment Management LLC Sells 48,999 Shares of NEOS S&P 500 High Income ETF $SPYI

International Assets Investment Management LLC lowered its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 66.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,397 shares of the company’s stock after selling 48,999 shares during the period. International Assets Investment Management LLC’s holdings in NEOS S&P 500 High Income ETF were worth $1,297,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Foguth Wealth Management LLC. grew its holdings in NEOS S&P 500 High Income ETF by 927.5% during the 1st 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 purchased a new stake in NEOS S&P 500 High Income ETF during the 3rd quarter worth $58,239,000. Howard Capital Management LLC lifted its holdings in NEOS S&P 500 High Income ETF by 7.5% in the 3rd quarter. Howard Capital Management LLC now owns 1,073,896 shares of the company’s stock worth $57,099,000 after buying an additional 75,281 shares in the last quarter. Royal Bank of Canada lifted its holdings in NEOS S&P 500 High Income ETF by 14.5% in the 1st quarter. Royal Bank of Canada now owns 1,061,491 shares of the company’s stock worth $52,406,000 after buying an additional 134,250 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in NEOS S&P 500 High Income ETF by 62.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 709,315 shares of the company’s stock worth $37,658,000 after buying an additional 273,777 shares in the last quarter.

NEOS S&P 500 High Income ETF Price Performance

BATS:SPYI opened at $53.01 on Thursday. The firm has a 50-day moving average of $53.42 and a two-hundred day moving average of $52.71. The stock has a market cap of $4.38 billion, a P/E 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 $54.47.

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.