Ellis Investment Partners LLC Acquires New Stake in NEOS S&P 500 High Income ETF $SPYI

Ellis Investment Partners LLC acquired a new stake in NEOS S&P 500 High Income ETF (BATS:SPYIFree Report) during the fourth quarter, HoldingsChannel reports. The fund acquired 16,691 shares of the company’s stock, valued at approximately $877,000.

Several other hedge funds also recently modified their holdings of SPYI. Royal Bank of Canada raised its holdings in shares of NEOS S&P 500 High Income ETF by 17.5% in the 1st quarter. Royal Bank of Canada now owns 62,184 shares of the company’s stock worth $2,978,000 after purchasing an additional 9,262 shares during the period. NewEdge Advisors LLC lifted its position in NEOS S&P 500 High Income ETF by 215.1% in the 1st quarter. NewEdge Advisors LLC now owns 2,048 shares of the company’s stock worth $98,000 after buying an additional 1,398 shares in the last quarter. EverSource Wealth Advisors LLC acquired a new position in shares of NEOS S&P 500 High Income ETF during the 2nd quarter worth $91,000. Baird Financial Group Inc. acquired a new position in NEOS S&P 500 High Income ETF during the 2nd quarter valued at $704,000. Finally, Jump Financial LLC acquired a new position in NEOS S&P 500 High Income ETF during the 2nd quarter valued at $1,132,000.

NEOS S&P 500 High Income ETF Price Performance

BATS:SPYI opened at $52.51 on Friday. The stock has a market cap of $4.34 billion, a P/E ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a one year low of $47.40 and a one year high of $53.38. The company has a fifty day moving average price of $51.10 and a 200 day moving average price of $52.06.

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.

See Also

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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