Facet Wealth Inc. Takes Position in NEOS S&P 500 High Income ETF $SPYI

Facet Wealth Inc. purchased a new stake in NEOS S&P 500 High Income ETF (BATS:SPYI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,016 shares of the company’s stock, valued at approximately $255,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brookwood Investment Group LLC increased its position in NEOS S&P 500 High Income ETF by 47.2% during the 2nd quarter. Brookwood Investment Group LLC now owns 10,974 shares of the company’s stock valued at $552,000 after purchasing an additional 3,517 shares during the period. Pasadena Private Wealth LLC increased its position in shares of NEOS S&P 500 High Income ETF by 17.5% during the second quarter. Pasadena Private Wealth LLC now owns 4,970 shares of the company’s stock worth $250,000 after buying an additional 740 shares during the period. Ashton Thomas Private Wealth LLC acquired a new stake in shares of NEOS S&P 500 High Income ETF during the second quarter worth $209,000. Delta Investment Management LLC increased its position in shares of NEOS S&P 500 High Income ETF by 4.8% during the second quarter. Delta Investment Management LLC now owns 77,506 shares of the company’s stock worth $3,900,000 after buying an additional 3,516 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in NEOS S&P 500 High Income ETF by 110.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 85,890 shares of the company’s stock worth $4,322,000 after acquiring an additional 45,020 shares during the period.

NEOS S&P 500 High Income ETF Trading Up 4.5%

Shares of NEOS S&P 500 High Income ETF stock opened at $52.93 on Tuesday. The business has a 50-day moving average price of $52.03 and a two-hundred day moving average price of $50.29. NEOS S&P 500 High Income ETF has a 1-year low of $41.60 and a 1-year high of $52.78. The company has a market cap of $4.37 billion, a P/E ratio of 25.58 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.