HBW Advisory Services LLC Sells 568 Shares of NEOS S&P 500 High Income ETF (BATS:SPYI)

HBW Advisory Services LLC lowered its position in NEOS S&P 500 High Income ETF (BATS:SPYI) by 4.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,445 shares of the company’s stock after selling 568 shares during the period. HBW Advisory Services LLC owned about 0.05% of NEOS S&P 500 High Income ETF worth $683,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Centennial Bank AR raised its position in NEOS S&P 500 High Income ETF by 190.9% in the 2nd quarter. Centennial Bank AR now owns 864 shares of the company’s stock valued at $43,000 after buying an additional 567 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its holdings in NEOS S&P 500 High Income ETF by 176.9% during the third quarter. Creative Financial Designs Inc. ADV now owns 1,800 shares of the company’s stock worth $92,000 after purchasing an additional 1,150 shares during the last quarter. Continuum Advisory LLC boosted its holdings in NEOS S&P 500 High Income ETF by 503.2% during the third quarter. Continuum Advisory LLC now owns 2,419 shares of the company’s stock worth $127,000 after purchasing an additional 2,018 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new position in NEOS S&P 500 High Income ETF in the third quarter valued at $227,000. Finally, Key Client Fiduciary Advisors LLC acquired a new stake in NEOS S&P 500 High Income ETF in the 3rd quarter valued at $235,000.

NEOS S&P 500 High Income ETF Stock Down 1.1 %

Shares of BATS:SPYI opened at $50.54 on Friday. The business’s 50 day simple moving average is $51.91 and its 200-day simple moving average is $51.04. The company has a market cap of $1.28 billion, a PE ratio of 21.64 and a beta of 0.69.

NEOS S&P 500 High Income ETF 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.