NEOS S&P 500 High Income ETF $SPYI Shares Purchased by PMG Family Office LLC

PMG Family Office LLC raised its holdings in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 183.0% in the 1st quarter, Holdings Channel reports. The firm owned 16,662 shares of the company’s stock after purchasing an additional 10,775 shares during the quarter. PMG Family Office LLC’s holdings in NEOS S&P 500 High Income ETF were worth $823,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of SPYI. LPL Financial LLC lifted its position in shares of NEOS S&P 500 High Income ETF by 36.5% in the 4th quarter. LPL Financial LLC now owns 3,139,873 shares of the company’s stock worth $164,938,000 after buying an additional 839,220 shares during the last quarter. UBS Group AG raised its stake in NEOS S&P 500 High Income ETF by 77.9% during the fourth quarter. UBS Group AG now owns 1,054,374 shares of the company’s stock worth $55,386,000 after acquiring an additional 461,724 shares during the period. Royal Bank of Canada raised its stake in NEOS S&P 500 High Income ETF by 80.6% during the fourth quarter. Royal Bank of Canada now owns 927,241 shares of the company’s stock worth $48,707,000 after acquiring an additional 413,801 shares during the period. Aventura Private Wealth LLC acquired a new stake in NEOS S&P 500 High Income ETF during the fourth quarter worth about $12,635,000. Finally, SageGuard Financial Group LLC bought a new position in NEOS S&P 500 High Income ETF in the fourth quarter worth about $8,117,000.

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

Shares of SPYI stock opened at $52.89 on Tuesday. The business has a 50 day moving average of $52.95 and a two-hundred day moving average of $52.30. NEOS S&P 500 High Income ETF has a 52 week low of $47.77 and a 52 week high of $54.11. The company has a market cap of $4.37 billion, a P/E ratio of 25.58 and a beta of 0.71.

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