FSM Wealth Advisors LLC Invests $327,000 in NEOS S&P 500 High Income ETF $SPYI

FSM Wealth Advisors LLC purchased a new stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 6,466 shares of the company’s stock, valued at approximately $327,000.

Several other hedge funds and other institutional investors have also bought and sold shares of SPYI. Gradient Investments LLC increased its position in shares of NEOS S&P 500 High Income ETF by 1.6% during the 2nd quarter. Gradient Investments LLC now owns 1,668,983 shares of the company’s stock valued at $83,983,000 after purchasing an additional 26,747 shares during the last quarter. LPL Financial LLC raised its position in NEOS S&P 500 High Income ETF by 55.2% in the first quarter. LPL Financial LLC now owns 1,290,478 shares of the company’s stock worth $61,801,000 after acquiring an additional 458,785 shares during the period. Second Half Financial Partners LLC boosted its stake in NEOS S&P 500 High Income ETF by 0.6% in the second quarter. Second Half Financial Partners LLC now owns 409,806 shares of the company’s stock valued at $20,621,000 after acquiring an additional 2,391 shares during the last quarter. Cascade Wealth Advisors Inc grew its position in shares of NEOS S&P 500 High Income ETF by 78.4% during the 1st quarter. Cascade Wealth Advisors Inc now owns 266,248 shares of the company’s stock valued at $12,335,000 after acquiring an additional 116,972 shares during the period. Finally, International Assets Investment Management LLC increased its stake in shares of NEOS S&P 500 High Income ETF by 5.9% during the 2nd quarter. International Assets Investment Management LLC now owns 164,380 shares of the company’s stock worth $8,272,000 after purchasing an additional 9,114 shares during the last quarter.

NEOS S&P 500 High Income ETF Trading Up 3.1%

NEOS S&P 500 High Income ETF stock opened at $52.24 on Friday. The business’s 50 day simple moving average is $51.99 and its 200 day simple moving average is $50.11. NEOS S&P 500 High Income ETF has a 12 month low of $41.60 and a 12 month high of $52.78. The company has a market cap of $4.31 billion, a price-to-earnings 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.