World Equity Group Inc. Purchases Shares of 17,294 NEOS S&P 500 High Income ETF (BATS:SPYI)

World Equity Group Inc. acquired a new stake in NEOS S&P 500 High Income ETF (BATS:SPYI) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 17,294 shares of the company’s stock, valued at approximately $879,000. World Equity Group Inc. owned 0.07% of NEOS S&P 500 High Income ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPYI. Private Advisor Group LLC lifted its position in NEOS S&P 500 High Income ETF by 397.8% in the 4th quarter. Private Advisor Group LLC now owns 664,748 shares of the company’s stock valued at $33,783,000 after acquiring an additional 531,207 shares in the last quarter. Gradient Investments LLC lifted its holdings in shares of NEOS S&P 500 High Income ETF by 24.4% in the fourth quarter. Gradient Investments LLC now owns 2,205,348 shares of the company’s stock valued at $112,076,000 after purchasing an additional 432,976 shares in the last quarter. Brown Financial Advisors boosted its position in shares of NEOS S&P 500 High Income ETF by 2,856.6% during the third quarter. Brown Financial Advisors now owns 164,448 shares of the company’s stock valued at $8,425,000 after buying an additional 158,886 shares during the last quarter. Crescent Grove Advisors LLC grew its holdings in NEOS S&P 500 High Income ETF by 339.0% during the fourth quarter. Crescent Grove Advisors LLC now owns 125,059 shares of the company’s stock worth $6,355,000 after buying an additional 96,574 shares in the last quarter. Finally, MML Investors Services LLC grew its holdings in NEOS S&P 500 High Income ETF by 50.6% during the third quarter. MML Investors Services LLC now owns 154,762 shares of the company’s stock worth $7,928,000 after buying an additional 51,981 shares in the last quarter.

NEOS S&P 500 High Income ETF Trading Up 2.0 %

Shares of BATS:SPYI opened at $51.65 on Friday. The company has a market cap of $3.10 billion, a PE ratio of 26.80 and a beta of 0.70. The company’s fifty day moving average is $51.61 and its two-hundred day moving average is $51.35.

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.