Gainplan LLC increased its position in NEOS S&P 500 High Income ETF (BATS:SPYI – Free Report) by 23.0% during the second quarter, Holdings Channel reports. The firm owned 76,379 shares of the company’s stock after buying an additional 14,266 shares during the quarter. NEOS S&P 500 High Income ETF makes up approximately 1.6% of Gainplan LLC’s portfolio, making the stock its 11th largest holding. Gainplan LLC’s holdings in NEOS S&P 500 High Income ETF were worth $4,055,000 as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in the company. United Community Bank acquired a new stake in shares of NEOS S&P 500 High Income ETF during the fourth quarter worth $26,000. HFM Investment Advisors LLC acquired a new position in shares of NEOS S&P 500 High Income ETF in the fourth quarter valued at about $27,000. Root Financial Partners LLC grew its stake in shares of NEOS S&P 500 High Income ETF by 79.2% in the first quarter. Root Financial Partners LLC now owns 577 shares of the company’s stock valued at $28,000 after acquiring an additional 255 shares in the last quarter. Optima Capital LLC bought a new position in NEOS S&P 500 High Income ETF during the fourth quarter worth about $37,000. Finally, Advocate Investing Services LLC bought a new position in NEOS S&P 500 High Income ETF during the first quarter worth about $39,000.
NEOS S&P 500 High Income ETF Trading Down 0.1%
BATS SPYI opened at $54.00 on Thursday. The company has a market cap of $4.46 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. The company has a 50 day moving average of $53.07 and a 200-day moving average of $52.32. NEOS S&P 500 High Income ETF has a 1-year low of $47.77 and a 1-year high of $54.25.
NEOS S&P 500 High Income ETF 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.
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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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