U.S. Capital Wealth Advisors LLC Acquires Shares of 5,850 Neos S&P 500(R) High Income ETF (BATS:SPYI)

U.S. Capital Wealth Advisors LLC acquired a new position in Neos S&P 500(R) High Income ETF (BATS:SPYI) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 5,850 shares of the company’s stock, valued at approximately $282,000.

Several other hedge funds have also modified their holdings of the company. Capital Investment Advisory Services LLC purchased a new position in shares of Neos S&P 500(R) High Income ETF in the 4th quarter valued at about $40,000. CWM LLC purchased a new stake in shares of Neos S&P 500(R) High Income ETF in the fourth quarter valued at approximately $100,000. Axxcess Wealth Management LLC acquired a new position in shares of Neos S&P 500(R) High Income ETF during the 3rd quarter worth approximately $219,000. Truist Financial Corp purchased a new position in shares of Neos S&P 500(R) High Income ETF during the 4th quarter valued at approximately $261,000. Finally, RFG Advisory LLC acquired a new stake in Neos S&P 500(R) High Income ETF in the 4th quarter valued at $297,000.

Neos S&P 500(R) High Income ETF Price Performance

BATS:SPYI opened at $49.29 on Wednesday. The firm has a market capitalization of $1.18 billion, a PE ratio of 21.14 and a beta of 0.69. The business’s fifty day moving average is $49.54 and its two-hundred day moving average is $48.61.

Neos S&P 500(R) High Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 22nd. Investors of record on Thursday, March 21st were given a dividend of $0.5014 per share. The ex-dividend date of this dividend was Wednesday, March 20th. This is an increase from Neos S&P 500(R) High Income ETF’s previous dividend of $0.48.

Neos S&P 500(R) High Income ETF Company 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.