B. Riley Wealth Advisors Inc. acquired a new stake in NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 4,454 shares of the company’s stock, valued at approximately $215,000. B. Riley Wealth Advisors Inc. owned 0.12% of NEOS S&P 500 High Income ETF at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Capital Investment Advisory Services LLC bought a new stake in NEOS S&P 500 High Income ETF in the fourth quarter valued at approximately $40,000. CWM LLC bought a new stake in NEOS S&P 500 High Income ETF in the fourth quarter valued at approximately $100,000. Axxcess Wealth Management LLC bought a new stake in NEOS S&P 500 High Income ETF in the third quarter valued at approximately $219,000. Truist Financial Corp bought a new stake in NEOS S&P 500 High Income ETF in the fourth quarter valued at approximately $261,000. Finally, U.S. Capital Wealth Advisors LLC bought a new stake in NEOS S&P 500 High Income ETF in the fourth quarter valued at approximately $282,000.
NEOS S&P 500 High Income ETF Price Performance
NEOS S&P 500 High Income ETF stock opened at $50.17 on Friday. The company has a market cap of $1.27 billion, a PE ratio of 21.64 and a beta of 0.69. The stock’s 50-day simple moving average is $49.60 and its 200 day simple moving average is $49.32.
NEOS S&P 500 High Income ETF Cuts Dividend
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.
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