Grantvest Financial Group LLC Makes New $670,000 Investment in NEOS S&P 500 High Income ETF (BATS:SPYI)

Grantvest Financial Group LLC acquired a new position in NEOS S&P 500 High Income ETF (BATS:SPYI) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 13,178 shares of the company’s stock, valued at approximately $670,000. Grantvest Financial Group LLC owned 0.05% of NEOS S&P 500 High Income ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. acquired a new position in NEOS S&P 500 High Income ETF in the 3rd quarter worth about $350,000. HighTower Advisors LLC lifted its position in shares of 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 valued at $1,099,000 after buying an additional 5,980 shares in the last quarter. Truist Financial Corp grew its stake in NEOS S&P 500 High Income ETF by 5.1% in the 4th quarter. Truist Financial Corp now owns 47,848 shares of the company’s stock valued at $2,432,000 after acquiring an additional 2,327 shares during the period. Jane Street Group LLC grew its stake in NEOS S&P 500 High Income ETF by 15.5% in the 3rd quarter. Jane Street Group LLC now owns 39,591 shares of the company’s stock valued at $2,028,000 after acquiring an additional 5,299 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in NEOS S&P 500 High Income ETF by 40.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 14,000 shares of the company’s stock worth $714,000 after acquiring an additional 4,000 shares in the last quarter.

NEOS S&P 500 High Income ETF Stock Performance

BATS:SPYI opened at $48.84 on Monday. The company has a fifty day moving average of $50.73 and a two-hundred day moving average of $51.25. NEOS S&P 500 High Income ETF has a fifty-two week low of $46.38 and a fifty-two week high of $52.78. The stock has a market capitalization of $3.03 billion, a PE ratio of 24.72 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.