Paladin Wealth LLC Acquires 12,121 Shares of NEOS S&P 500 High Income ETF (BATS:SPYI)

Paladin Wealth LLC raised its holdings in NEOS S&P 500 High Income ETF (BATS:SPYI) by 36.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,023 shares of the company’s stock after buying an additional 12,121 shares during the period. NEOS S&P 500 High Income ETF comprises approximately 2.0% of Paladin Wealth LLC’s investment portfolio, making the stock its 12th biggest holding. Paladin Wealth LLC’s holdings in NEOS S&P 500 High Income ETF were worth $2,288,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Newbridge Financial Services Group Inc. boosted its holdings in shares of NEOS S&P 500 High Income ETF by 49.6% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 40,574 shares of the company’s stock worth $2,062,000 after buying an additional 13,452 shares during the period. Moloney Securities Asset Management LLC boosted its holdings in shares of NEOS S&P 500 High Income ETF by 52.3% during the fourth quarter. Moloney Securities Asset Management LLC now owns 19,217 shares of the company’s stock worth $977,000 after acquiring an additional 6,596 shares during the period. Apollon Wealth Management LLC acquired a new position in shares of NEOS S&P 500 High Income ETF in the fourth quarter valued at approximately $1,147,000. Money Concepts Capital Corp bought a new position in shares of NEOS S&P 500 High Income ETF during the fourth quarter worth approximately $360,000. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in shares of NEOS S&P 500 High Income ETF by 40.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 14,000 shares of the company’s stock worth $714,000 after purchasing an additional 4,000 shares during the period.

NEOS S&P 500 High Income ETF Price Performance

SPYI opened at $51.81 on Tuesday. The company has a market cap of $1.31 billion, a P/E ratio of 21.64 and a beta of 0.69. The firm has a 50-day moving average price of $51.68 and a two-hundred day moving average price of $51.18.

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.