Claro Advisors LLC Lowers Stock Position in NEOS S&P 500 High Income ETF (BATS:SPYI)

Claro Advisors LLC lowered its position in NEOS S&P 500 High Income ETF (BATS:SPYI) by 64.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 5,435 shares of the company’s stock after selling 9,853 shares during the period. Claro Advisors LLC’s holdings in NEOS S&P 500 High Income ETF were worth $279,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. SeaCrest Wealth Management LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF in the third quarter valued at about $263,000. Cascade Investment Group Inc. raised its holdings in shares of NEOS S&P 500 High Income ETF by 4.5% in the third quarter. Cascade Investment Group Inc. now owns 36,380 shares of the company’s stock valued at $1,864,000 after purchasing an additional 1,575 shares during the last quarter. Creative Planning purchased a new stake in shares of NEOS S&P 500 High Income ETF in the third quarter valued at about $306,000. Paladin Wealth LLC bought a new position in NEOS S&P 500 High Income ETF during the third quarter valued at about $1,686,000. Finally, High Net Worth Advisory Group LLC raised its position in NEOS S&P 500 High Income ETF by 40.4% in the third quarter. High Net Worth Advisory Group LLC now owns 28,571 shares of the company’s stock worth $1,464,000 after acquiring an additional 8,220 shares during the period.

NEOS S&P 500 High Income ETF Trading Up 0.3 %

SPYI opened at $52.02 on Monday. The company has a fifty day moving average of $50.79 and a 200-day moving average of $50.10. The stock has a market capitalization of $1.31 billion, a PE 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.