NEOS S&P 500 High Income ETF (BATS:SPYI) Shares Purchased by MCF Advisors LLC

MCF Advisors LLC raised its holdings in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 2,548.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,072 shares of the company’s stock after purchasing an additional 2,956 shares during the quarter. MCF Advisors LLC’s holdings in NEOS S&P 500 High Income ETF were worth $156,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of SPYI. Envestnet Asset Management Inc. grew its position in shares of NEOS S&P 500 High Income ETF by 95.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 42,417 shares of the company’s stock worth $2,127,000 after acquiring an additional 20,661 shares in the last quarter. Delta Investment Management LLC grew its position in shares of NEOS S&P 500 High Income ETF by 29.5% in the 2nd quarter. Delta Investment Management LLC now owns 39,784 shares of the company’s stock worth $1,995,000 after acquiring an additional 9,064 shares in the last quarter. Northeast Financial Consultants Inc acquired a new position in shares of NEOS S&P 500 High Income ETF in the 2nd quarter worth approximately $489,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of NEOS S&P 500 High Income ETF in the 2nd quarter worth approximately $997,000. Finally, Truist Financial Corp grew its position in shares of NEOS S&P 500 High Income ETF by 29.5% in the 2nd quarter. Truist Financial Corp now owns 35,310 shares of the company’s stock worth $1,771,000 after acquiring an additional 8,052 shares in the last quarter.

NEOS S&P 500 High Income ETF Trading Up 1.9 %

Shares of BATS SPYI opened at $51.63 on Thursday. The company has a market cap of $1.30 billion, a P/E ratio of 21.64 and a beta of 0.69. The business has a 50-day moving average of $51.81 and a 200 day moving average of $51.10.

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.