NEOS S&P 500 High Income ETF (BATS:SPYI) Stock Holdings Increased by MCF Advisors LLC

MCF Advisors LLC lifted its position in NEOS S&P 500 High Income ETF (BATS:SPYI) by 2,548.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 3,072 shares of the company’s stock after buying an additional 2,956 shares during the quarter. MCF Advisors LLC’s holdings in NEOS S&P 500 High Income ETF were worth $156,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Atomi Financial Group Inc. raised its stake in shares of NEOS S&P 500 High Income ETF by 26.6% in the 4th quarter. Atomi Financial Group Inc. now owns 7,143 shares of the company’s stock worth $363,000 after buying an additional 1,501 shares in the last quarter. Diversify Wealth Management LLC grew its holdings in shares of NEOS S&P 500 High Income ETF by 5.1% in the 4th quarter. Diversify Wealth Management LLC now owns 12,044 shares of the company’s stock worth $609,000 after acquiring an additional 588 shares during the last quarter. Cascade Investment Group Inc. boosted its position in shares of NEOS S&P 500 High Income ETF by 2.2% in the 4th quarter. Cascade Investment Group Inc. now owns 37,180 shares of the company’s stock valued at $1,889,000 after purchasing an additional 800 shares during the period. Ameritas Advisory Services LLC increased its stake in NEOS S&P 500 High Income ETF by 15.0% in the 4th quarter. Ameritas Advisory Services LLC now owns 7,769 shares of the company’s stock worth $395,000 after purchasing an additional 1,015 shares in the last quarter. Finally, Grant GrossMendelsohn LLC raised its holdings in shares of NEOS S&P 500 High Income ETF by 33.9% during the fourth quarter. Grant GrossMendelsohn LLC now owns 7,556 shares of the company’s stock valued at $384,000 after acquiring an additional 1,914 shares during the period.

NEOS S&P 500 High Income ETF Stock Performance

Shares of BATS:SPYI opened at $51.63 on Thursday. The firm’s 50-day moving average price is $51.81 and its two-hundred day moving average price is $51.10. The firm has a market cap of $1.30 billion, a P/E 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.