MGO One Seven LLC Buys 134,826 Shares of NEOS S&P 500 High Income ETF $SPYI

MGO One Seven LLC increased its stake in NEOS S&P 500 High Income ETF (BATS:SPYI) by 2,629.2% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 139,954 shares of the company’s stock after buying an additional 134,826 shares during the period. MGO One Seven LLC owned 0.17% of NEOS S&P 500 High Income ETF worth $7,352,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Gradient Investments LLC grew its stake in shares of NEOS S&P 500 High Income ETF by 1.8% in the fourth quarter. Gradient Investments LLC now owns 1,785,248 shares of the company’s stock worth $93,779,000 after acquiring an additional 32,277 shares during the last quarter. UBS Group AG increased its holdings in shares of NEOS S&P 500 High Income ETF by 77.9% during the fourth quarter. UBS Group AG now owns 1,054,374 shares of the company’s stock valued at $55,386,000 after acquiring an additional 461,724 shares in the last quarter. Private Advisor Group LLC raised its position in shares of NEOS S&P 500 High Income ETF by 10.3% in the 3rd quarter. Private Advisor Group LLC now owns 470,511 shares of the company’s stock worth $24,608,000 after purchasing an additional 44,087 shares during the last quarter. Howard Capital Management Inc. raised its position in shares of NEOS S&P 500 High Income ETF by 10.1% in the 4th quarter. Howard Capital Management Inc. now owns 453,565 shares of the company’s stock worth $23,826,000 after purchasing an additional 41,679 shares during the last quarter. Finally, Merit Financial Group LLC boosted its stake in NEOS S&P 500 High Income ETF by 3.9% in the 4th quarter. Merit Financial Group LLC now owns 425,441 shares of the company’s stock worth $22,348,000 after purchasing an additional 15,919 shares in the last quarter.

NEOS S&P 500 High Income ETF Stock Performance

Shares of SPYI stock opened at $53.41 on Friday. The company has a market capitalization of $4.41 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a one year low of $47.77 and a one year high of $53.42. The company’s 50-day moving average is $51.16 and its 200 day moving average is $52.08.

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.