Puff Wealth Management LLC Makes New Investment in NEOS S&P 500 High Income ETF $SPYI

Puff Wealth Management LLC acquired a new stake in NEOS S&P 500 High Income ETF (BATS:SPYI) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 34,863 shares of the company’s stock, valued at approximately $1,851,000. NEOS S&P 500 High Income ETF comprises about 1.9% of Puff Wealth Management LLC’s portfolio, making the stock its 18th largest position.

A number of other large investors also recently bought and sold shares of SPYI. FNY Investment Advisers LLC purchased a new position in shares of NEOS S&P 500 High Income ETF during the 2nd quarter worth approximately $1,964,000. Eclectic Associates Inc. ADV grew its position in shares of NEOS S&P 500 High Income ETF by 75.0% during the second quarter. Eclectic Associates Inc. ADV now owns 10,080 shares of the company’s stock worth $535,000 after buying an additional 4,320 shares in the last quarter. Gainplan LLC increased its position in shares of NEOS S&P 500 High Income ETF by 23.0% in the 2nd quarter. Gainplan LLC now owns 76,379 shares of the company’s stock valued at $4,055,000 after purchasing an additional 14,266 shares during the last quarter. Dynamic Advisor Solutions LLC raised its holdings in shares of NEOS S&P 500 High Income ETF by 44.0% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 19,433 shares of the company’s stock valued at $1,032,000 after purchasing an additional 5,941 shares in the last quarter. Finally, Prota Financial LLC raised its holdings in shares of NEOS S&P 500 High Income ETF by 4.8% in the 2nd quarter. Prota Financial LLC now owns 107,522 shares of the company’s stock valued at $5,708,000 after purchasing an additional 4,938 shares in the last quarter.

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

NEOS S&P 500 High Income ETF stock opened at $54.18 on Friday. The stock has a market cap of $4.47 billion, a P/E ratio of 25.58 and a beta of 0.71. The company has a fifty day simple moving average of $53.08 and a 200-day simple moving average of $52.34. NEOS S&P 500 High Income ETF has a 12-month low of $47.77 and a 12-month 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.