Oppenheimer Asset Management Inc. Acquires 1,086 Shares of NEOS S&P 500 High Income ETF $SPYI

Oppenheimer Asset Management Inc. raised its stake in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 9.4% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,675 shares of the company’s stock after purchasing an additional 1,086 shares during the period. Oppenheimer Asset Management Inc.’s holdings in NEOS S&P 500 High Income ETF were worth $638,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its position in shares of NEOS S&P 500 High Income ETF by 55.2% during the 1st quarter. LPL Financial LLC now owns 1,290,478 shares of the company’s stock valued at $61,801,000 after acquiring an additional 458,785 shares during the last quarter. Cascade Wealth Advisors Inc lifted its position in NEOS S&P 500 High Income ETF by 78.4% in the first quarter. Cascade Wealth Advisors Inc now owns 266,248 shares of the company’s stock worth $12,335,000 after buying an additional 116,972 shares during the last quarter. American Alpha Advisors LLC bought a new stake in NEOS S&P 500 High Income ETF in the first quarter worth $4,243,000. Teamwork Financial Advisors LLC bought a new stake in shares of NEOS S&P 500 High Income ETF in the 2nd quarter worth about $4,439,000. Finally, 3EDGE Asset Management LP bought a new stake in NEOS S&P 500 High Income ETF in the first quarter worth about $3,908,000.

NEOS S&P 500 High Income ETF Stock Performance

Shares of SPYI stock opened at $52.83 on Friday. NEOS S&P 500 High Income ETF has a 52-week low of $41.60 and a 52-week high of $52.78. The firm has a market capitalization of $4.36 billion, a P/E ratio of 25.58 and a beta of 0.71. The stock has a 50 day moving average price of $52.16 and a 200 day moving average price of $50.49.

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.