Foguth Wealth Management LLC. Buys 1,096,123 Shares of NEOS S&P 500 High Income ETF $SPYI

Foguth Wealth Management LLC. lifted its stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 927.5% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,214,307 shares of the company’s stock after purchasing an additional 1,096,123 shares during the period. NEOS S&P 500 High Income ETF comprises about 8.1% of Foguth Wealth Management LLC.’s investment portfolio, making the stock its biggest holding. Foguth Wealth Management LLC. owned about 1.47% of NEOS S&P 500 High Income ETF worth $65,439,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. GHP Investment Advisors Inc. increased its holdings in NEOS S&P 500 High Income ETF by 8.1% in the fourth quarter. GHP Investment Advisors Inc. now owns 2,651 shares of the company’s stock valued at $139,000 after buying an additional 198 shares during the last quarter. Federation des caisses Desjardins du Quebec lifted its holdings in NEOS S&P 500 High Income ETF by 32.3% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 820 shares of the company’s stock worth $43,000 after buying an additional 200 shares during the last quarter. Compound Planning Inc. lifted its holdings in NEOS S&P 500 High Income ETF by 1.1% during the 4th quarter. Compound Planning Inc. now owns 20,333 shares of the company’s stock worth $1,068,000 after buying an additional 222 shares during the last quarter. HighMark Wealth Management LLC lifted its holdings in NEOS S&P 500 High Income ETF by 3.0% during the 4th quarter. HighMark Wealth Management LLC now owns 8,016 shares of the company’s stock worth $421,000 after buying an additional 236 shares during the last quarter. Finally, Pasadena Private Wealth LLC grew its position in shares of NEOS S&P 500 High Income ETF by 2.9% in the 1st quarter. Pasadena Private Wealth LLC now owns 8,417 shares of the company’s stock worth $416,000 after acquiring an additional 240 shares in the last quarter.

NEOS S&P 500 High Income ETF Trading Up 0.6%

Shares of BATS SPYI opened at $52.86 on Friday. NEOS S&P 500 High Income ETF has a twelve month low of $47.77 and a twelve month high of $54.11. The company has a market capitalization of $4.37 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. The business has a 50 day simple moving average of $53.06 and a 200-day simple moving average of $52.31.

NEOS S&P 500 High Income ETF 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.