50,647 Shares of NEOS S&P 500 High Income ETF $SPYI Purchased by New Wave Wealth Advisors LLC

New Wave Wealth Advisors LLC purchased a new position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 50,647 shares of the company’s stock, valued at approximately $2,741,000. New Wave Wealth Advisors LLC owned 0.06% of NEOS S&P 500 High Income ETF as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Alkeme Wealth LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF in the 3rd quarter valued at $1,988,000. Capital & Planning LLC increased its position in shares of NEOS S&P 500 High Income ETF by 131.2% during the 2nd quarter. Capital & Planning LLC now owns 70,710 shares of the company’s stock worth $3,754,000 after purchasing an additional 40,130 shares in the last quarter. Ameritas Advisory Services LLC increased its position in shares of NEOS S&P 500 High Income ETF by 157.1% during the 2nd quarter. Ameritas Advisory Services LLC now owns 162,264 shares of the company’s stock worth $8,615,000 after purchasing an additional 99,146 shares in the last quarter. Studio Investment Management LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF during the 2nd quarter worth about $1,544,000. Finally, RFG Advisory LLC lifted its holdings in NEOS S&P 500 High Income ETF by 15.6% during the 2nd quarter. RFG Advisory LLC now owns 95,913 shares of the company’s stock valued at $5,092,000 after purchasing an additional 12,919 shares during the last quarter.

NEOS S&P 500 High Income ETF Trading Up 0.4%

SPYI stock traded up $0.23 during trading on Monday, hitting $53.59. 1,953,441 shares of the stock traded hands, compared to its average volume of 3,498,340. The stock has a market cap of $4.43 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a one year low of $47.77 and a one year high of $54.47. The company has a 50 day simple moving average of $53.66 and a 200 day simple moving average of $53.06.

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.