Gateway Wealth Partners LLC Has $1.91 Million Stock Position in NEOS S&P 500 High Income ETF $SPYI

Gateway Wealth Partners LLC grew its stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 216.8% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 38,772 shares of the company’s stock after buying an additional 26,532 shares during the quarter. Gateway Wealth Partners LLC’s holdings in NEOS S&P 500 High Income ETF were worth $1,914,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of SPYI. LPL Financial LLC boosted its holdings in shares of NEOS S&P 500 High Income ETF by 36.5% during the 4th quarter. LPL Financial LLC now owns 3,139,873 shares of the company’s stock valued at $164,938,000 after acquiring an additional 839,220 shares in the last quarter. UBS Group AG grew its position 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 worth $55,386,000 after acquiring an additional 461,724 shares during the last quarter. Royal Bank of Canada increased its holdings in NEOS S&P 500 High Income ETF by 80.6% in the 4th quarter. Royal Bank of Canada now owns 927,241 shares of the company’s stock worth $48,707,000 after purchasing an additional 413,801 shares in the last quarter. Independent Financial Group LLC acquired a new position in NEOS S&P 500 High Income ETF in the 1st quarter worth about $8,039,000. Finally, SageGuard Financial Group LLC bought a new position in NEOS S&P 500 High Income ETF in the fourth quarter valued at about $8,117,000.

NEOS S&P 500 High Income ETF Trading Up 0.3%

NEOS S&P 500 High Income ETF stock opened at $52.46 on Wednesday. The stock has a 50-day moving average price of $53.11 and a two-hundred day moving average price of $52.32. NEOS S&P 500 High Income ETF has a 12 month low of $47.77 and a 12 month high of $54.11. The company has a market capitalization of $4.33 billion, a PE ratio of 25.58 and a beta of 0.71.

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.