Oregon Pacific Wealth Management LLC Takes $760,000 Position in NEOS S&P 500 High Income ETF $SPYI

Oregon Pacific Wealth Management LLC purchased a new position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,401 shares of the company’s stock, valued at approximately $760,000. NEOS S&P 500 High Income ETF comprises about 0.8% of Oregon Pacific Wealth Management LLC’s portfolio, making the stock its 29th largest position.

A number of other large investors have also modified their holdings of SPYI. United Community Bank bought a new stake in NEOS S&P 500 High Income ETF in the 4th quarter valued at about $26,000. HFM Investment Advisors LLC bought a new position in NEOS S&P 500 High Income ETF in the 4th quarter worth about $27,000. Optima Capital LLC bought a new position in NEOS S&P 500 High Income ETF in the 4th quarter worth about $37,000. Wells Fargo & Company MN increased its stake in shares of NEOS S&P 500 High Income ETF by 503.0% in the fourth quarter. Wells Fargo & Company MN now owns 796 shares of the company’s stock valued at $42,000 after purchasing an additional 664 shares during the period. Finally, Advocate Investing Services LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF in the first quarter valued at approximately $39,000.

NEOS S&P 500 High Income ETF Stock Performance

SPYI opened at $51.99 on Monday. The business’s 50 day moving average is $52.99 and its 200-day moving average is $52.28. The stock has a market cap of $4.29 billion, a PE ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a twelve month low of $47.77 and a twelve month high of $54.11.

NEOS S&P 500 High Income ETF 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.