Kestra Advisory Services LLC Grows Position in NEOS S&P 500 High Income ETF $SPYI

Kestra Advisory Services LLC lifted its stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 8.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 223,414 shares of the company’s stock after acquiring an additional 17,367 shares during the period. Kestra Advisory Services LLC owned 0.27% of NEOS S&P 500 High Income ETF worth $11,030,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. GHP Investment Advisors Inc. lifted its stake in shares of NEOS S&P 500 High Income ETF by 8.1% during the fourth quarter. GHP Investment Advisors Inc. now owns 2,651 shares of the company’s stock valued at $139,000 after buying an additional 198 shares during the period. Federation des caisses Desjardins du Quebec grew its stake in NEOS S&P 500 High Income ETF by 32.3% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 820 shares of the company’s stock worth $43,000 after acquiring an additional 200 shares during the period. Compound Planning Inc. raised its holdings in NEOS S&P 500 High Income ETF by 1.1% in the 4th quarter. Compound Planning Inc. now owns 20,333 shares of the company’s stock valued at $1,068,000 after acquiring an additional 222 shares during the last quarter. HighMark Wealth Management LLC lifted its stake in shares of NEOS S&P 500 High Income ETF by 3.0% during the 4th quarter. HighMark Wealth Management LLC now owns 8,016 shares of the company’s stock worth $421,000 after purchasing an additional 236 shares during the period. Finally, Pasadena Private Wealth LLC lifted its stake in shares of NEOS S&P 500 High Income ETF by 2.9% during the 1st quarter. Pasadena Private Wealth LLC now owns 8,417 shares of the company’s stock worth $416,000 after purchasing an additional 240 shares during the period.

NEOS S&P 500 High Income ETF Price Performance

SPYI stock opened at $53.70 on Monday. The stock has a market capitalization of $4.44 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a 52-week low of $47.77 and a 52-week high of $54.11. The stock’s fifty day simple moving average is $53.19 and its 200-day simple moving average is $52.31.

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.