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

Core Insights - Oppenheimer Asset Management Inc. increased its stake in NEOS S&P 500 High Income ETF by 9.4% in Q2, owning 12,675 shares valued at $638,000 after purchasing an additional 1,086 shares [2] - Other institutional investors also increased their holdings, with LPL Financial LLC boosting its position by 55.2% and owning 1,290,478 shares valued at $61.8 million after acquiring 458,785 shares [3] - NEOS S&P 500 High Income ETF has a market capitalization of $4.36 billion, a P/E ratio of 25.58, and a beta of 0.71, with a 52-week price range of $41.60 to $52.78 [4] Institutional Activity - Cascade Wealth Advisors Inc. raised its stake by 78.4%, now owning 266,248 shares worth $12.3 million after buying 116,972 shares [3] - American Alpha Advisors LLC and Teamwork Financial Advisors LLC both established new stakes in the ETF, valued at approximately $4.24 million and $4.44 million respectively [3] - 3EDGE Asset Management LP also acquired a new stake worth about $3.91 million [3] Company Profile - NEOS S&P 500 High Income ETF primarily invests in total market equity, aiming for tax-efficient and high monthly income through active investments in S&P 500 stocks and options [5] - The fund employs a call spread strategy using SPX index option futures contracts [5]