Oregon Pacific Wealth Management LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) during the first quarter, Holdings Channel.com reports. The institutional investor purchased 15,401 shares of the company’s stock, valued at approximately $760,000. NEOS S&P 500 High Income ETF accounts for 0.8% of Oregon Pacific Wealth Management LLC’s holdings, making the stock its 29th biggest holding.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. LPL Financial LLC lifted its holdings in NEOS S&P 500 High Income ETF by 36.5% in the fourth quarter. LPL Financial LLC now owns 3,139,873 shares of the company’s stock worth $164,938,000 after purchasing an additional 839,220 shares during the period. UBS Group AG increased its stake in NEOS S&P 500 High Income ETF by 77.9% during the 4th quarter. UBS Group AG now owns 1,054,374 shares of the company’s stock valued at $55,386,000 after buying an additional 461,724 shares during the period. Royal Bank of Canada increased its stake in NEOS S&P 500 High Income ETF by 80.6% during the 4th quarter. Royal Bank of Canada now owns 927,241 shares of the company’s stock valued at $48,707,000 after buying an additional 413,801 shares during the period. Aventura Private Wealth LLC acquired a new position in NEOS S&P 500 High Income ETF during the 4th quarter valued at about $12,635,000. Finally, SageGuard Financial Group LLC bought a new stake in shares of NEOS S&P 500 High Income ETF during the 4th quarter worth about $8,117,000.
NEOS S&P 500 High Income ETF Stock Performance
Shares of BATS:SPYI opened at $51.99 on Monday. The company has a 50 day moving average of $52.99 and a 200-day moving average of $52.28. The firm has a market cap of $4.29 billion, a P/E ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a twelve month low of $47.77 and a twelve month high of $54.11.
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.
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Want to see what other hedge funds are holding SPYI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report).
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