Savvy Advisors Inc. Purchases Shares of 10,406 NEOS S&P 500 High Income ETF $SPYI

Savvy Advisors Inc. purchased a new stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) in the 4th quarter, Holdings Channel reports. The fund purchased 10,406 shares of the company’s stock, valued at approximately $547,000.

Other large investors have also recently added to or reduced their stakes in the company. Cloud Capital Management LLC bought a new position in NEOS S&P 500 High Income ETF during the 3rd quarter worth $27,000. Pinnacle Bancorp Inc. bought a new position in NEOS S&P 500 High Income ETF during the 3rd quarter worth $31,000. Activest Wealth Management increased its position in NEOS S&P 500 High Income ETF by 154.8% during the 3rd quarter. Activest Wealth Management now owns 986 shares of the company’s stock worth $52,000 after buying an additional 599 shares during the period. Abound Wealth Management increased its position in NEOS S&P 500 High Income ETF by 519.3% during the 4th quarter. Abound Wealth Management now owns 1,189 shares of the company’s stock worth $62,000 after buying an additional 997 shares during the period. Finally, Geneos Wealth Management Inc. increased its position in NEOS S&P 500 High Income ETF by 232.3% during the 3rd quarter. Geneos Wealth Management Inc. now owns 1,369 shares of the company’s stock worth $72,000 after buying an additional 957 shares during the period.

NEOS S&P 500 High Income ETF Price Performance

SPYI stock opened at $50.87 on Thursday. The stock has a market capitalization of $4.20 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. The business’s fifty day moving average price is $51.24 and its two-hundred day moving average price is $52.09. NEOS S&P 500 High Income ETF has a fifty-two week low of $42.52 and a fifty-two week high of $53.38.

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.