Wellington Grp LLC Makes New $689,000 Investment in NEOS S&P 500 High Income ETF $SPYI

Wellington Grp LLC bought a new position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 13,955 shares of the company’s stock, valued at approximately $689,000.

A number of other institutional investors have also recently modified their holdings of SPYI. LPL Financial LLC grew its position 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 during the period. Royal Bank of Canada raised its holdings in NEOS S&P 500 High Income ETF by 14.5% in the 1st quarter. Royal Bank of Canada now owns 1,061,491 shares of the company’s stock worth $52,406,000 after purchasing an additional 134,250 shares during the period. UBS Group AG raised its holdings in NEOS S&P 500 High Income ETF by 77.9% in the 4th quarter. UBS Group AG now owns 1,054,374 shares of the company’s stock worth $55,386,000 after purchasing an additional 461,724 shares during the period. MML Investors Services LLC boosted its position in NEOS S&P 500 High Income ETF by 12.3% during the fourth quarter. MML Investors Services LLC now owns 645,689 shares of the company’s stock worth $33,918,000 after purchasing an additional 70,938 shares in the last quarter. Finally, Private Advisor Group LLC boosted its position in NEOS S&P 500 High Income ETF by 10.0% during the first quarter. Private Advisor Group LLC now owns 600,133 shares of the company’s stock worth $29,629,000 after purchasing an additional 54,392 shares in the last quarter.

NEOS S&P 500 High Income ETF Trading Up 0.6%

Shares of SPYI opened at $52.86 on Friday. NEOS S&P 500 High Income ETF has a 12 month low of $47.77 and a 12 month high of $54.11. The stock’s 50 day moving average is $53.06 and its two-hundred day moving average is $52.31. The firm has a market cap of $4.37 billion, a P/E ratio of 25.58 and a beta of 0.71.

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.