Foguth Wealth Management LLC. Purchases 57,489 Shares of NEOS S&P 500 High Income ETF $SPYI

Foguth Wealth Management LLC. increased its position in NEOS S&P 500 High Income ETF (BATS:SPYI) by 5.7% during the third quarter, Holdings Channel reports. The firm owned 1,068,488 shares of the company’s stock after buying an additional 57,489 shares during the quarter. NEOS S&P 500 High Income ETF makes up approximately 5.7% of Foguth Wealth Management LLC.’s portfolio, making the stock its largest holding. Foguth Wealth Management LLC.’s holdings in NEOS S&P 500 High Income ETF were worth $57,004,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Brown Lisle Cummings Inc. raised its stake in NEOS S&P 500 High Income ETF by 8.7% in the third quarter. Brown Lisle Cummings Inc. now owns 50,510 shares of the company’s stock valued at $2,686,000 after buying an additional 4,055 shares during the period. SteelPeak Wealth LLC boosted its stake in shares of NEOS S&P 500 High Income ETF by 0.6% during the 3rd quarter. SteelPeak Wealth LLC now owns 132,236 shares of the company’s stock worth $7,031,000 after acquiring an additional 778 shares during the period. Robertson Stephens Wealth Management LLC boosted its stake in shares of NEOS S&P 500 High Income ETF by 11.8% during the 3rd quarter. Robertson Stephens Wealth Management LLC now owns 20,641 shares of the company’s stock worth $1,097,000 after acquiring an additional 2,183 shares during the period. Bay Capital Advisors LLC boosted its stake in shares of NEOS S&P 500 High Income ETF by 63.2% during the 3rd quarter. Bay Capital Advisors LLC now owns 29,532 shares of the company’s stock worth $1,570,000 after acquiring an additional 11,436 shares during the period. Finally, Hengehold Capital Management LLC acquired a new position in shares of NEOS S&P 500 High Income ETF during the 3rd quarter worth approximately $299,000.

NEOS S&P 500 High Income ETF Stock Up 0.5%

Shares of SPYI stock traded up $0.25 during trading on Monday, reaching $53.60. 1,748,928 shares of the company’s stock were exchanged, compared to its average volume of 3,497,401. NEOS S&P 500 High Income ETF has a twelve month low of $47.77 and a twelve month high of $54.47. The firm’s fifty day moving average price is $53.66 and its 200-day moving average price is $53.06. The stock has a market capitalization of $4.43 billion, a PE 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.