LPL Financial LLC Boosts Stock Holdings in NEOS S&P 500 High Income ETF (BATS:SPYI)

LPL Financial LLC lifted its position in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 47.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 671,598 shares of the company’s stock after buying an additional 215,854 shares during the period. LPL Financial LLC owned approximately 2.66% of NEOS S&P 500 High Income ETF worth $33,681,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Lee Johnson Capital Management LLC acquired a new position in NEOS S&P 500 High Income ETF during the second quarter valued at approximately $32,185,000. Gradient Investments LLC boosted its position in NEOS S&P 500 High Income ETF by 17.2% during the 2nd quarter. Gradient Investments LLC now owns 350,375 shares of the company’s stock worth $17,571,000 after purchasing an additional 51,377 shares during the period. Stifel Financial Corp boosted its position in NEOS S&P 500 High Income ETF by 75.6% during the 4th quarter. Stifel Financial Corp now owns 167,593 shares of the company’s stock worth $8,078,000 after purchasing an additional 72,143 shares during the period. International Assets Investment Management LLC raised its position in NEOS S&P 500 High Income ETF by 214.6% in the second quarter. International Assets Investment Management LLC now owns 145,046 shares of the company’s stock valued at $7,274,000 after purchasing an additional 98,936 shares during the period. Finally, Cascade Wealth Advisors Inc raised its position in NEOS S&P 500 High Income ETF by 82.1% in the second quarter. Cascade Wealth Advisors Inc now owns 122,901 shares of the company’s stock valued at $6,059,000 after purchasing an additional 55,418 shares during the period.

NEOS S&P 500 High Income ETF Price Performance

Shares of BATS SPYI opened at $50.88 on Tuesday. The stock has a market capitalization of $1.28 billion, a P/E ratio of 21.64 and a beta of 0.69. The stock has a fifty day moving average of $50.11 and a 200-day moving average of $49.90.

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.