Gainplan LLC Buys 20,699 Shares of NEOS S&P 500 High Income ETF $SPYI

Gainplan LLC grew its stake in NEOS S&P 500 High Income ETF (BATS:SPYI) by 27.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 97,078 shares of the company’s stock after purchasing an additional 20,699 shares during the period. NEOS S&P 500 High Income ETF makes up about 3.1% of Gainplan LLC’s holdings, making the stock its 8th largest holding. Gainplan LLC owned approximately 0.12% of NEOS S&P 500 High Income ETF worth $5,162,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Foguth Wealth Management LLC. boosted its stake in NEOS S&P 500 High Income ETF by 927.5% during the first quarter. Foguth Wealth Management LLC. now owns 1,214,307 shares of the company’s stock worth $65,439,000 after buying an additional 1,096,123 shares during the last quarter. Gradient Investments LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF in the 3rd quarter worth $58,239,000. LPL Financial LLC raised its holdings in shares of NEOS S&P 500 High Income ETF by 36.5% during the 4th quarter. LPL Financial LLC now owns 3,139,873 shares of the company’s stock worth $164,938,000 after acquiring an additional 839,220 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of NEOS S&P 500 High Income ETF by 62.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 709,315 shares of the company’s stock worth $37,658,000 after acquiring an additional 273,777 shares during the period. Finally, Independent Financial Group LLC acquired a new position in shares of NEOS S&P 500 High Income ETF during the 1st quarter valued at about $8,039,000.

NEOS S&P 500 High Income ETF Trading Down 0.3%

Shares of SPYI stock opened at $53.86 on Friday. NEOS S&P 500 High Income ETF has a twelve month low of $47.77 and a twelve month high of $54.47. The company’s 50-day moving average price is $53.64 and its 200-day moving average price is $52.85. The stock has a market cap of $4.45 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71.

About NEOS S&P 500 High Income ETF

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. SPYI was launched on Aug 30, 2022 and is managed by Neos.