NEOS S&P 500 High Income ETF $SPYI Shares Acquired by Palacios Wealth Management LLC

Palacios Wealth Management LLC boosted its stake in NEOS S&P 500 High Income ETF (BATS:SPYI) by 11.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 136,076 shares of the company’s stock after buying an additional 14,373 shares during the quarter. NEOS S&P 500 High Income ETF makes up 3.6% of Palacios Wealth Management LLC’s investment portfolio, making the stock its 7th largest holding. Palacios Wealth Management LLC’s holdings in NEOS S&P 500 High Income ETF were worth $7,235,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Foguth Wealth Management LLC. boosted its holdings in NEOS S&P 500 High Income ETF by 927.5% during the 1st quarter. Foguth Wealth Management LLC. now owns 1,214,307 shares of the company’s stock worth $65,439,000 after acquiring an additional 1,096,123 shares during the last quarter. Gradient Investments LLC bought a new stake in shares of NEOS S&P 500 High Income ETF in the 3rd quarter worth $58,239,000. Howard Capital Management LLC raised its holdings in shares of NEOS S&P 500 High Income ETF by 7.5% in the third quarter. Howard Capital Management LLC now owns 1,073,896 shares of the company’s stock valued at $57,099,000 after purchasing an additional 75,281 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of NEOS S&P 500 High Income ETF by 14.5% in the first quarter. Royal Bank of Canada now owns 1,061,491 shares of the company’s stock valued at $52,406,000 after purchasing an additional 134,250 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of NEOS S&P 500 High Income ETF by 62.9% in the second quarter. Envestnet Asset Management Inc. now owns 709,315 shares of the company’s stock valued at $37,658,000 after purchasing an additional 273,777 shares during the last quarter.

NEOS S&P 500 High Income ETF Price Performance

SPYI opened at $52.33 on Tuesday. The company’s 50-day moving average is $53.30 and its 200 day moving average is $52.69. NEOS S&P 500 High Income ETF has a fifty-two week low of $47.77 and a fifty-two week high of $54.47. The firm has a market capitalization of $12.55 billion, a P/E ratio of 23.00 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.