Mirae Asset Global Investments Co. Ltd. grew its stake in NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) by 40.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,000 shares of the company’s stock after buying an additional 4,000 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned 0.06% of NEOS S&P 500 High Income ETF worth $714,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in SPYI. International Assets Investment Management LLC boosted its holdings in shares of NEOS S&P 500 High Income ETF by 5,381.7% in the third quarter. International Assets Investment Management LLC now owns 7,950,949 shares of the company’s stock valued at $407,327,000 after buying an additional 7,805,903 shares during the period. Gradient Investments LLC lifted its position in shares of NEOS S&P 500 High Income ETF by 24.4% in the fourth 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 lifted its position in shares of NEOS S&P 500 High Income ETF by 2,856.6% in the third 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 lifted its position in shares of NEOS S&P 500 High Income ETF by 339.0% in the fourth 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, Private Advisor Group LLC lifted its position in shares of NEOS S&P 500 High Income ETF by 103.1% in the third quarter. Private Advisor Group LLC now owns 133,541 shares of the company’s stock worth $6,857,000 after purchasing an additional 67,805 shares in the last quarter.
NEOS S&P 500 High Income ETF Stock Performance
Shares of SPYI stock opened at $51.76 on Thursday. The stock has a 50 day simple moving average of $51.65 and a two-hundred day simple moving average of $51.20. The company has a market capitalization of $1.31 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.
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