Foguth Wealth Management LLC. Buys New Holdings in NEOS S&P 500 High Income ETF $SPYI

Foguth Wealth Management LLC. purchased a new stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 118,184 shares of the company’s stock, valued at approximately $6,215,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPYI. Cloud Capital Management LLC purchased a new stake in NEOS S&P 500 High Income ETF in the 3rd quarter worth approximately $27,000. Pinnacle Bancorp Inc. bought a new position in shares of NEOS S&P 500 High Income ETF during the third quarter valued at approximately $31,000. Activest Wealth Management raised its holdings in shares of NEOS S&P 500 High Income ETF by 154.8% during the third quarter. Activest Wealth Management now owns 986 shares of the company’s stock valued at $52,000 after acquiring an additional 599 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in NEOS S&P 500 High Income ETF by 232.3% in the third quarter. Geneos Wealth Management Inc. now owns 1,369 shares of the company’s stock worth $72,000 after acquiring an additional 957 shares during the period. Finally, EverSource Wealth Advisors LLC bought a new stake in NEOS S&P 500 High Income ETF in the second quarter valued at $91,000.

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

Shares of NEOS S&P 500 High Income ETF stock opened at $49.90 on Friday. NEOS S&P 500 High Income ETF has a 12-month low of $41.60 and a 12-month high of $53.38. The company has a market cap of $4.12 billion, a P/E ratio of 25.58 and a beta of 0.71. The company’s fifty day simple moving average is $52.18 and its two-hundred day simple moving average is $52.33.

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.