HighTower Advisors LLC Has $1.10 Million Stake in NEOS S&P 500 High Income ETF (BATS:SPYI)

HighTower Advisors LLC grew its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 38.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 21,382 shares of the company’s stock after buying an additional 5,980 shares during the quarter. HighTower Advisors LLC’s holdings in NEOS S&P 500 High Income ETF were worth $1,099,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of SPYI. International Assets Investment Management LLC boosted its stake in 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 acquiring an additional 7,805,903 shares during the last quarter. LPL Financial LLC raised its holdings in shares of NEOS S&P 500 High Income ETF by 47.4% in the 2nd quarter. LPL Financial LLC now owns 671,598 shares of the company’s stock worth $33,681,000 after purchasing an additional 215,854 shares during the period. Renaissance Technologies LLC lifted its stake in NEOS S&P 500 High Income ETF by 2.3% in the second quarter. Renaissance Technologies LLC now owns 225,600 shares of the company’s stock valued at $11,314,000 after purchasing an additional 5,000 shares during the last quarter. Private Advisor Group LLC grew its holdings in NEOS S&P 500 High Income ETF by 103.1% during the third quarter. Private Advisor Group LLC now owns 133,541 shares of the company’s stock valued at $6,857,000 after purchasing an additional 67,805 shares during the period. Finally, Cascade Wealth Advisors Inc increased its position in NEOS S&P 500 High Income ETF by 82.1% in the second quarter. Cascade Wealth Advisors Inc now owns 122,901 shares of the company’s stock worth $6,059,000 after buying an additional 55,418 shares during the last quarter.

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

Shares of SPYI opened at $52.48 on Wednesday. The business has a fifty day moving average price of $51.92 and a 200-day moving average price of $50.89. The stock has a market cap of $1.32 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.