PNC Financial Services Group Inc. Has $299,000 Position in NEOS S&P 500 High Income ETF (BATS:SPYI)

PNC Financial Services Group Inc. grew its position in NEOS S&P 500 High Income ETF (BATS:SPYI) by 47.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,876 shares of the company’s stock after buying an additional 1,895 shares during the quarter. PNC Financial Services Group Inc.’s holdings in NEOS S&P 500 High Income ETF were worth $299,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Great Valley Advisor Group Inc. acquired a new position in NEOS S&P 500 High Income ETF during the 3rd quarter worth approximately $249,000. Rockefeller Capital Management L.P. increased its position in NEOS S&P 500 High Income ETF by 48.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 23,309 shares of the company’s stock worth $1,194,000 after purchasing an additional 7,559 shares in the last quarter. HighTower Advisors LLC increased its position in NEOS S&P 500 High Income ETF by 38.8% during the 3rd quarter. HighTower Advisors LLC now owns 21,382 shares of the company’s stock worth $1,099,000 after purchasing an additional 5,980 shares in the last quarter. Stifel Financial Corp increased its position in NEOS S&P 500 High Income ETF by 8.1% during the 3rd 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 in the last quarter. Finally, Jane Street Group LLC increased its position in NEOS S&P 500 High Income ETF by 15.5% during the 3rd quarter. Jane Street Group LLC now owns 39,591 shares of the company’s stock worth $2,028,000 after purchasing an additional 5,299 shares in the last quarter.

NEOS S&P 500 High Income ETF Price Performance

SPYI stock opened at $48.84 on Friday. The company has a 50 day simple moving average of $50.73 and a 200 day simple moving average of $51.23. The stock has a market cap of $3.03 billion, a price-to-earnings ratio of 24.72 and a beta of 0.69. NEOS S&P 500 High Income ETF has a 1 year low of $46.38 and a 1 year high of $52.78.

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.