Howard Capital Management Inc. Purchases Shares of 411,886 NEOS S&P 500 High Income ETF $SPYI

Howard Capital Management Inc. bought a new stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYIFree Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 411,886 shares of the company’s stock, valued at approximately $21,542,000. Howard Capital Management Inc. owned 0.50% of NEOS S&P 500 High Income ETF at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Cloud Capital Management LLC purchased a new stake in NEOS S&P 500 High Income ETF during the 3rd quarter valued at $27,000. Pinnacle Bancorp Inc. bought a new position in shares of NEOS S&P 500 High Income ETF during the third quarter valued at about $31,000. Activest Wealth Management boosted its holdings in shares of NEOS S&P 500 High Income ETF by 154.8% during the third quarter. Activest Wealth Management now owns 986 shares of the company’s stock worth $52,000 after purchasing an additional 599 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of NEOS S&P 500 High Income ETF by 232.3% during the third quarter. Geneos Wealth Management Inc. now owns 1,369 shares of the company’s stock worth $72,000 after purchasing an additional 957 shares during the period. Finally, EverSource Wealth Advisors LLC bought a new stake in shares of NEOS S&P 500 High Income ETF in the second quarter worth about $91,000.

NEOS S&P 500 High Income ETF Price Performance

SPYI opened at $52.70 on Friday. The business has a 50 day simple moving average of $52.77 and a two-hundred day simple moving average of $52.17. The firm has a market capitalization of $4.35 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a one year low of $41.60 and a one year high of $52.78.

NEOS S&P 500 High Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Wednesday, January 21st were issued a $0.5309 dividend. The ex-dividend date was Wednesday, January 21st. This represents a c) annualized dividend and a yield of 12.1%.

NEOS S&P 500 High Income ETF Profile

(Free Report)

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.

Further Reading

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:SPYIFree Report).

Institutional Ownership by Quarter for NEOS S&P 500 High Income ETF (BATS:SPYI)

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