Atomi Financial Group Inc. Increases Stock Position in NEOS S&P 500 High Income ETF (BATS:SPYI)

Atomi Financial Group Inc. boosted its holdings in NEOS S&P 500 High Income ETF (BATS:SPYI) by 63.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,637 shares of the company’s stock after buying an additional 2,967 shares during the period. Atomi Financial Group Inc.’s holdings in NEOS S&P 500 High Income ETF were worth $385,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Capital Investment Advisory Services LLC bought a new stake in NEOS S&P 500 High Income ETF during the fourth quarter valued at $40,000. Newbridge Financial Services Group Inc. boosted its position in shares of NEOS S&P 500 High Income ETF by 236.2% during the 1st quarter. Newbridge Financial Services Group Inc. now owns 1,412 shares of the company’s stock valued at $71,000 after acquiring an additional 992 shares during the last quarter. CWM LLC purchased a new position in shares of NEOS S&P 500 High Income ETF during the fourth quarter worth about $100,000. HBC Financial Services PLLC bought a new position in shares of NEOS S&P 500 High Income ETF in the first quarter worth approximately $134,000. Finally, B. Riley Wealth Advisors Inc. purchased a new stake in NEOS S&P 500 High Income ETF in the fourth quarter valued at approximately $215,000.

NEOS S&P 500 High Income ETF Price Performance

SPYI stock traded up $0.12 during mid-day trading on Monday, hitting $51.06. 1,908,274 shares of the stock were exchanged. The firm’s 50 day simple moving average is $50.09 and its two-hundred day simple moving average is $49.53. The company has a market cap of $1.29 billion, a PE ratio of 21.64 and a beta of 0.69.

NEOS S&P 500 High Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, May 24th. Investors of record on Thursday, May 23rd were issued a dividend of $0.4997 per share. The ex-dividend date was Wednesday, May 22nd.

NEOS S&P 500 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.