PNC Financial Services Group Inc. Buys 1,895 Shares of NEOS S&P 500 High Income ETF (BATS:SPYI)

PNC Financial Services Group Inc. increased its stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 47.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 5,876 shares of the company’s stock after buying an additional 1,895 shares during the period. PNC Financial Services Group Inc.’s holdings in NEOS S&P 500 High Income ETF were worth $299,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Private Advisor Group LLC raised its stake in NEOS S&P 500 High Income ETF by 397.8% in the 4th quarter. Private Advisor Group LLC now owns 664,748 shares of the company’s stock worth $33,783,000 after purchasing an additional 531,207 shares in the last quarter. Gradient Investments LLC raised its stake in NEOS S&P 500 High Income ETF by 24.4% in the 4th quarter. Gradient Investments LLC now owns 2,205,348 shares of the company’s stock worth $112,076,000 after purchasing an additional 432,976 shares in the last quarter. Brown Financial Advisors raised its stake in NEOS S&P 500 High Income ETF by 2,856.6% in the 3rd quarter. Brown Financial Advisors now owns 164,448 shares of the company’s stock worth $8,425,000 after purchasing an additional 158,886 shares in the last quarter. Crescent Grove Advisors LLC raised its stake in NEOS S&P 500 High Income ETF by 339.0% in the 4th quarter. Crescent Grove Advisors LLC now owns 125,059 shares of the company’s stock worth $6,355,000 after purchasing an additional 96,574 shares in the last quarter. Finally, MML Investors Services LLC raised its stake in NEOS S&P 500 High Income ETF by 50.6% in the 3rd quarter. MML Investors Services LLC now owns 154,762 shares of the company’s stock worth $7,928,000 after purchasing an additional 51,981 shares in the last quarter.

NEOS S&P 500 High Income ETF Trading Down 3.6 %

Shares of BATS:SPYI opened at $48.84 on Friday. The firm has a 50 day moving average of $50.73 and a 200-day moving average of $51.23. The stock has a market capitalization of $3.03 billion, a PE ratio of 24.72 and a beta of 0.69. NEOS S&P 500 High Income ETF has a 12 month low of $46.38 and a 12 month high of $52.78.

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.