LPL Financial LLC Acquires 839,220 Shares of NEOS S&P 500 High Income ETF $SPYI

LPL Financial LLC boosted its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 36.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,139,873 shares of the company’s stock after acquiring an additional 839,220 shares during the period. LPL Financial LLC’s holdings in NEOS S&P 500 High Income ETF were worth $164,938,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. GHP Investment Advisors Inc. lifted its position in NEOS S&P 500 High Income ETF by 8.1% during the fourth quarter. GHP Investment Advisors Inc. now owns 2,651 shares of the company’s stock valued at $139,000 after acquiring an additional 198 shares during the last quarter. Claro Advisors LLC lifted its position in NEOS S&P 500 High Income ETF by 1.2% during the third quarter. Claro Advisors LLC now owns 17,118 shares of the company’s stock valued at $895,000 after acquiring an additional 200 shares during the last quarter. HighMark Wealth Management LLC lifted its position in NEOS S&P 500 High Income ETF by 3.0% during the fourth quarter. HighMark Wealth Management LLC now owns 8,016 shares of the company’s stock valued at $421,000 after acquiring an additional 236 shares during the last quarter. CWA Asset Management Group LLC lifted its position in NEOS S&P 500 High Income ETF by 3.0% during the fourth quarter. CWA Asset Management Group LLC now owns 9,540 shares of the company’s stock valued at $501,000 after acquiring an additional 280 shares during the last quarter. Finally, NewEdge Wealth LLC lifted its position in NEOS S&P 500 High Income ETF by 2.4% during the fourth quarter. NewEdge Wealth LLC now owns 13,053 shares of the company’s stock valued at $686,000 after acquiring an additional 300 shares during the last quarter.

NEOS S&P 500 High Income ETF Stock Down 1.5%

BATS:SPYI opened at $52.00 on Thursday. NEOS S&P 500 High Income ETF has a 52 week low of $47.77 and a 52 week high of $54.11. The firm has a 50 day moving average of $52.47 and a 200 day moving average of $52.26. The stock has a market capitalization of $4.29 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71.

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.