LPL Financial LLC Has $42.27 Million Stock Holdings in NEOS S&P 500 High Income ETF (BATS:SPYI)

LPL Financial LLC raised its stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 27.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 831,693 shares of the company’s stock after purchasing an additional 177,419 shares during the quarter. LPL Financial LLC’s holdings in NEOS S&P 500 High Income ETF were worth $42,267,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Anfield Capital Management LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF in the 4th quarter valued at $55,000. Montag A & Associates Inc. boosted its position in NEOS S&P 500 High Income ETF by 27.8% in the fourth quarter. Montag A & Associates Inc. now owns 1,194 shares of the company’s stock valued at $61,000 after buying an additional 260 shares in the last quarter. Continuum Advisory LLC grew its stake in NEOS S&P 500 High Income ETF by 503.2% during the third quarter. Continuum Advisory LLC now owns 2,419 shares of the company’s stock worth $127,000 after buying an additional 2,018 shares during the last quarter. Private Trust Co. NA acquired a new stake in shares of NEOS S&P 500 High Income ETF during the fourth quarter worth approximately $152,000. Finally, MCF Advisors LLC raised its stake in shares of NEOS S&P 500 High Income ETF by 2,548.3% in the fourth quarter. MCF Advisors LLC now owns 3,072 shares of the company’s stock valued at $156,000 after acquiring an additional 2,956 shares during the last quarter.

NEOS S&P 500 High Income ETF Price Performance

BATS SPYI opened at $47.60 on Friday. The stock’s 50 day simple moving average is $50.52 and its 200 day simple moving average is $51.20. NEOS S&P 500 High Income ETF has a one year low of $46.38 and a one year high of $52.78. The firm has a market cap of $2.95 billion, a PE ratio of 24.72 and a beta of 0.69.

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.