FNY Investment Advisers LLC Acquires Shares of 37,000 NEOS S&P 500 High Income ETF $SPYI

FNY Investment Advisers LLC bought a new position in NEOS S&P 500 High Income ETF (BATS:SPYI) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 37,000 shares of the company’s stock, valued at approximately $1,964,000. NEOS S&P 500 High Income ETF accounts for about 0.7% of FNY Investment Advisers LLC’s investment portfolio, making the stock its 26th largest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. Foguth Wealth Management LLC. boosted its stake in shares of NEOS S&P 500 High Income ETF by 927.5% during the first quarter. Foguth Wealth Management LLC. now owns 1,214,307 shares of the company’s stock valued at $65,439,000 after purchasing an additional 1,096,123 shares during the period. LPL Financial LLC increased its stake in NEOS S&P 500 High Income ETF by 36.5% in the 4th quarter. LPL Financial LLC now owns 3,139,873 shares of the company’s stock worth $164,938,000 after buying an additional 839,220 shares during the period. UBS Group AG lifted its holdings 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 valued at $55,386,000 after buying an additional 461,724 shares in the last quarter. Royal Bank of Canada lifted its holdings in NEOS S&P 500 High Income ETF by 80.6% during the 4th quarter. Royal Bank of Canada now owns 927,241 shares of the company’s stock valued at $48,707,000 after buying an additional 413,801 shares in the last quarter. Finally, Independent Financial Group LLC purchased a new stake in NEOS S&P 500 High Income ETF in the 1st quarter valued at about $8,039,000.

NEOS S&P 500 High Income ETF Price Performance

Shares of SPYI stock opened at $53.97 on Friday. The company has a market capitalization of $4.46 billion, a P/E ratio of 25.58 and a beta of 0.71. The company’s 50-day simple moving average is $53.08 and its two-hundred day simple moving average is $52.33. NEOS S&P 500 High Income ETF has a one year low of $47.77 and a one year high of $54.25.

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.