Northeast Financial Consultants Inc Purchases New Position in NEOS S&P 500 High Income ETF (BATS:SPYI)

Northeast Financial Consultants Inc acquired a new position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,746 shares of the company’s stock, valued at approximately $489,000.

Several other hedge funds have also recently bought and sold shares of SPYI. Stifel Financial Corp increased its holdings in shares of NEOS S&P 500 High Income ETF by 75.6% during the fourth quarter. Stifel Financial Corp now owns 167,593 shares of the company’s stock worth $8,078,000 after buying an additional 72,143 shares in the last quarter. Willner & Heller LLC acquired a new stake in NEOS S&P 500 High Income ETF during the 4th quarter valued at $761,000. B. Riley Wealth Advisors Inc. bought a new position in NEOS S&P 500 High Income ETF in the 4th quarter valued at $215,000. International Assets Investment Management LLC raised its position in NEOS S&P 500 High Income ETF by 68.2% in the 1st quarter. International Assets Investment Management LLC now owns 46,110 shares of the company’s stock valued at $2,319,000 after purchasing an additional 18,692 shares during the last quarter. Finally, Unique Wealth LLC acquired a new position in NEOS S&P 500 High Income ETF in the first quarter worth $5,130,000.

NEOS S&P 500 High Income ETF Stock Performance

Shares of BATS:SPYI opened at $51.08 on Friday. The firm has a fifty day simple moving average of $50.15 and a two-hundred day simple moving average of $49.98. The firm has a market capitalization of $1.29 billion, a price-to-earnings ratio of 21.64 and a beta of 0.69.

About NEOS S&P 500 High Income ETF

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.