NEOS S&P 500 High Income ETF $SPYI Stock: Retirement Planning Group LLC Cuts Holdings

Retirement Planning Group LLC trimmed its position in NEOS S&P 500 High Income ETF (BATS:SPYI) by 99.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,638 shares of the company’s stock after selling 2,820,873 shares during the period. Retirement Planning Group LLC’s holdings in NEOS S&P 500 High Income ETF were worth $300,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. PMG Family Office LLC boosted its position in shares of NEOS S&P 500 High Income ETF by 10.3% during the third quarter. PMG Family Office LLC now owns 19,526 shares of the company’s stock worth $1,038,000 after purchasing an additional 1,823 shares in the last quarter. New Wave Wealth Advisors LLC acquired a new position in shares of NEOS S&P 500 High Income ETF in the 3rd quarter valued at $2,741,000. Independent Wealth Network Inc. grew its holdings in shares of NEOS S&P 500 High Income ETF by 6.6% in the 3rd quarter. Independent Wealth Network Inc. now owns 4,711 shares of the company’s stock valued at $250,000 after buying an additional 291 shares during the period. Foguth Wealth Management LLC. increased its position in shares of NEOS S&P 500 High Income ETF by 5.7% in the 3rd quarter. Foguth Wealth Management LLC. now owns 1,068,488 shares of the company’s stock valued at $57,004,000 after buying an additional 57,489 shares in the last quarter. Finally, Brown Lisle Cummings Inc. increased its position in shares of NEOS S&P 500 High Income ETF by 8.7% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 50,510 shares of the company’s stock valued at $2,686,000 after buying an additional 4,055 shares in the last quarter.

NEOS S&P 500 High Income ETF Stock Down 1.0%

SPYI opened at $52.87 on Friday. The stock 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 has a 12 month low of $47.77 and a 12 month high of $54.47. The company has a fifty day simple moving average of $53.59 and a 200 day simple moving average of $53.16.

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.