NEOS S&P 500 High Income ETF $SPYI Shares Newly Acquired by Three Magnolias Financial Advisors LLC

Three Magnolias Financial Advisors LLC bought a new position in NEOS S&P 500 High Income ETF (BATS:SPYI) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 9,784 shares of the company’s stock, valued at approximately $520,000.

A number of other large investors have also modified their holdings of SPYI. Roble Belko & Company Inc lifted its position in NEOS S&P 500 High Income ETF by 50.8% during the 2nd quarter. Roble Belko & Company Inc now owns 594 shares of the company’s stock worth $32,000 after acquiring an additional 200 shares in the last quarter. Accel Wealth Management grew its position in NEOS S&P 500 High Income ETF by 2.0% in the third quarter. Accel Wealth Management now owns 10,984 shares of the company’s stock valued at $584,000 after acquiring an additional 215 shares in the last quarter. GHP Investment Advisors Inc. grew its position in NEOS S&P 500 High Income ETF by 8.5% in the first quarter. GHP Investment Advisors Inc. now owns 2,877 shares of the company’s stock valued at $142,000 after acquiring an additional 226 shares in the last quarter. Pasadena Private Wealth LLC grew its position in NEOS S&P 500 High Income ETF by 2.9% in the first quarter. Pasadena Private Wealth LLC now owns 8,417 shares of the company’s stock valued at $416,000 after acquiring an additional 240 shares in the last quarter. Finally, Root Financial Partners LLC raised its stake in shares of NEOS S&P 500 High Income ETF by 79.2% during the first quarter. Root Financial Partners LLC now owns 577 shares of the company’s stock valued at $28,000 after purchasing an additional 255 shares during the period.

NEOS S&P 500 High Income ETF Stock Down 0.9%

Shares of SPYI traded down $0.48 during mid-day trading on Wednesday, reaching $53.63. 2,090,196 shares of the stock traded hands, compared to its average volume of 3,496,152. The stock has a fifty day simple moving average of $53.68 and a 200 day simple moving average of $52.95. NEOS S&P 500 High Income ETF has a 12-month low of $47.77 and a 12-month high of $54.47. The firm has a market cap of $4.43 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. SPYI was launched on Aug 30, 2022 and is managed by Neos.