MADDEN SECURITIES Corp Raises Position in NEOS S&P 500 High Income ETF $SPYI

by · The Cerbat Gem

MADDEN SECURITIES Corp lifted its stake in NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) by 204.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 352,855 shares of the company’s stock after acquiring an additional 236,835 shares during the period. NEOS S&P 500 High Income ETF makes up about 5.6% of MADDEN SECURITIES Corp’s holdings, making the stock its largest holding. MADDEN SECURITIES Corp owned 0.43% of NEOS S&P 500 High Income ETF worth $18,454,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Tompkins Financial Corp bought a new position in NEOS S&P 500 High Income ETF in the 2nd quarter worth about $53,000. Geneos Wealth Management Inc. increased its holdings in shares of NEOS S&P 500 High Income ETF by 232.3% in the 3rd quarter. Geneos Wealth Management Inc. now owns 1,369 shares of the company’s stock worth $72,000 after buying an additional 957 shares during the last quarter. Parallel Advisors LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF during the 2nd quarter valued at $77,000. EverSource Wealth Advisors LLC bought a new stake in shares of NEOS S&P 500 High Income ETF during the 2nd quarter worth $91,000. Finally, NewEdge Advisors LLC lifted its holdings in shares of NEOS S&P 500 High Income ETF by 215.1% during the 1st quarter. NewEdge Advisors LLC now owns 2,048 shares of the company’s stock worth $98,000 after acquiring an additional 1,398 shares during the last quarter.

NEOS S&P 500 High Income ETF Stock Up 5.0%

SPYI opened at $53.21 on Friday. The business’s fifty day simple moving average is $52.58 and its 200 day simple moving average is $51.93. NEOS S&P 500 High Income ETF has a 52 week low of $41.60 and a 52 week high of $52.78. The stock has a market cap of $4.39 billion, a PE ratio of 25.58 and a beta of 0.71.

NEOS S&P 500 High Income ETF Company Profile

(Free Report)

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. SPYI was launched on Aug 30, 2022 and is managed by Neos.

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