Crescent Grove Advisors LLC Acquires 96,574 Shares of NEOS S&P 500 High Income ETF (BATS:SPYI)

Crescent Grove Advisors LLC grew its stake in NEOS S&P 500 High Income ETF (BATS:SPYI) by 339.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 125,059 shares of the company’s stock after purchasing an additional 96,574 shares during the quarter. Crescent Grove Advisors LLC’s holdings in NEOS S&P 500 High Income ETF were worth $6,355,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. HighTower Advisors LLC grew its holdings in shares of NEOS S&P 500 High Income ETF by 38.8% in the 3rd quarter. HighTower Advisors LLC now owns 21,382 shares of the company’s stock valued at $1,099,000 after buying an additional 5,980 shares during the period. Jane Street Group LLC lifted its holdings in NEOS S&P 500 High Income ETF by 15.5% during the third quarter. Jane Street Group LLC now owns 39,591 shares of the company’s stock worth $2,028,000 after acquiring an additional 5,299 shares in the last quarter. Cetera Investment Advisers grew its stake in NEOS S&P 500 High Income ETF by 104.8% in the second quarter. Cetera Investment Advisers now owns 20,150 shares of the company’s stock valued at $1,011,000 after acquiring an additional 10,312 shares during the period. US Bancorp DE increased its holdings in shares of NEOS S&P 500 High Income ETF by 49.6% in the third quarter. US Bancorp DE now owns 6,000 shares of the company’s stock worth $307,000 after acquiring an additional 1,990 shares in the last quarter. Finally, Stifel Financial Corp raised its position in shares of NEOS S&P 500 High Income ETF by 8.1% during the third quarter. Stifel Financial Corp now owns 433,365 shares of the company’s stock worth $22,201,000 after purchasing an additional 32,386 shares during the period.

NEOS S&P 500 High Income ETF Price Performance

Shares of SPYI opened at $51.74 on Friday. The company has a 50-day simple moving average of $51.79 and a 200 day simple moving average of $51.11. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of 21.64 and a beta of 0.69.

NEOS S&P 500 High Income ETF Company 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.