Janney Montgomery Scott LLC Makes New Investment in NEOS S&P 500 High Income ETF (BATS:SPYI)

Janney Montgomery Scott LLC acquired a new position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 14,392 shares of the company’s stock, valued at approximately $731,000. Janney Montgomery Scott LLC owned approximately 0.06% of NEOS S&P 500 High Income ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Creative Financial Designs Inc. ADV increased its holdings in shares of NEOS S&P 500 High Income ETF by 176.9% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,800 shares of the company’s stock worth $92,000 after buying an additional 1,150 shares during the last quarter. Continuum Advisory LLC grew its holdings in shares of NEOS S&P 500 High Income ETF by 503.2% during the 3rd quarter. Continuum Advisory LLC now owns 2,419 shares of the company’s stock worth $127,000 after purchasing an additional 2,018 shares during the period. MCF Advisors LLC raised its holdings in NEOS S&P 500 High Income ETF by 2,548.3% in the 4th quarter. MCF Advisors LLC now owns 3,072 shares of the company’s stock valued at $156,000 after buying an additional 2,956 shares during the period. Ashton Thomas Private Wealth LLC purchased a new position in NEOS S&P 500 High Income ETF during the third quarter worth about $227,000. Finally, Key Client Fiduciary Advisors LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF during the third quarter valued at about $235,000.

NEOS S&P 500 High Income ETF Trading Up 1.7 %

Shares of BATS SPYI opened at $51.52 on Friday. The firm has a 50-day moving average price of $51.71 and a 200 day moving average price of $51.14. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 21.64 and a beta of 0.69.

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.