Sentinel Advisory Group LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) during the first quarter, Holdings Channel reports. The institutional investor purchased 151,804 shares of the company’s stock, valued at approximately $7,495,000. NEOS S&P 500 High Income ETF makes up approximately 3.7% of Sentinel Advisory Group LLC’s investment portfolio, making the stock its 9th biggest position.
Several other large investors have also recently bought and sold shares of the business. Royal Bank of Canada boosted its position in NEOS S&P 500 High Income ETF by 17.5% during the 1st quarter. Royal Bank of Canada now owns 62,184 shares of the company’s stock worth $2,978,000 after acquiring an additional 9,262 shares during the period. NewEdge Advisors LLC grew its stake in NEOS S&P 500 High Income ETF by 215.1% during the 1st quarter. NewEdge Advisors LLC now owns 2,048 shares of the company’s stock valued at $98,000 after acquiring 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 in the 2nd quarter valued at about $91,000. Baird Financial Group Inc. acquired a new position in shares of NEOS S&P 500 High Income ETF in the 2nd quarter valued at about $704,000. Finally, Jump Financial LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF in the second quarter worth approximately $1,132,000.
NEOS S&P 500 High Income ETF Stock Performance
SPYI stock opened at $52.30 on Friday. The stock has a market cap of $4.32 billion, a P/E ratio of 25.58 and a beta of 0.71. The firm has a 50 day simple moving average of $53.15 and a 200 day simple moving average of $52.34. NEOS S&P 500 High Income ETF has a 52 week low of $47.77 and a 52 week high of $54.11.
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.
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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:SPYI – Free Report).
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