Lee Johnson Capital Management LLC Raises Stock Holdings in NEOS S&P 500 High Income ETF $SPYI

Lee Johnson Capital Management LLC grew its holdings in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 350.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 178,254 shares of the company’s stock after acquiring an additional 138,720 shares during the quarter. NEOS S&P 500 High Income ETF accounts for approximately 3.2% of Lee Johnson Capital Management LLC’s holdings, making the stock its 6th biggest holding. Lee Johnson Capital Management LLC’s holdings in NEOS S&P 500 High Income ETF were worth $8,800,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SPYI. LPL Financial LLC grew its holdings in shares of NEOS S&P 500 High Income ETF by 36.5% during the 4th quarter. LPL Financial LLC now owns 3,139,873 shares of the company’s stock valued at $164,938,000 after purchasing an additional 839,220 shares during the last quarter. UBS Group AG lifted its stake in NEOS S&P 500 High Income ETF by 77.9% in the fourth quarter. UBS Group AG now owns 1,054,374 shares of the company’s stock worth $55,386,000 after purchasing an additional 461,724 shares during the last quarter. Royal Bank of Canada boosted its position in NEOS S&P 500 High Income ETF by 80.6% during the fourth quarter. Royal Bank of Canada now owns 927,241 shares of the company’s stock valued at $48,707,000 after buying an additional 413,801 shares during the period. Aventura Private Wealth LLC purchased a new stake in NEOS S&P 500 High Income ETF during the fourth quarter valued at about $12,635,000. Finally, SageGuard Financial Group LLC bought a new position in shares of NEOS S&P 500 High Income ETF during the fourth quarter valued at about $8,117,000.

NEOS S&P 500 High Income ETF Stock Performance

SPYI opened at $53.05 on Monday. The company has a market cap of $4.38 billion, a P/E ratio of 25.58 and a beta of 0.71. The business’s 50-day moving average price is $52.92 and its 200-day moving average price is $52.30. NEOS S&P 500 High Income ETF has a 12 month low of $47.77 and a 12 month high of $54.11.

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.