NEOS Russell 2000 High Income ETF (NYSEARCA:IWMI – Get Free Report)’s share price was down 1.4% during mid-day trading on Tuesday . The stock traded as low as $48.60 and last traded at $49.58. Approximately 476,933 shares changed hands during mid-day trading, an increase of 19% from the average daily volume of 400,359 shares. The stock had previously closed at $50.27.
NEOS Russell 2000 High Income ETF Trading Down 1.4%
The stock has a 50-day simple moving average of $50.26 and a 200 day simple moving average of $49.19. The stock has a market capitalization of $557.28 million, a price-to-earnings ratio of 16.33 and a beta of 1.14.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the stock. CoreCap Advisors LLC lifted its position in NEOS Russell 2000 High Income ETF by 250.7% in the 3rd quarter. CoreCap Advisors LLC now owns 1,052 shares of the company’s stock worth $51,000 after buying an additional 752 shares in the last quarter. Private Trust Co. NA increased its stake in shares of NEOS Russell 2000 High Income ETF by 330.0% in the third quarter. Private Trust Co. NA now owns 4,300 shares of the company’s stock worth $209,000 after acquiring an additional 3,300 shares during the last quarter. PVG Asset Management Corp acquired a new position in shares of NEOS Russell 2000 High Income ETF in the second quarter worth $228,000. Sunbelt Securities Inc. purchased a new stake in shares of NEOS Russell 2000 High Income ETF during the third quarter worth $307,000. Finally, FSA Advisors Inc. acquired a new stake in NEOS Russell 2000 High Income ETF during the fourth quarter valued at $735,000.
About NEOS Russell 2000 High Income ETF
The NEOS Russell 2000 High Income ETF (IWMI) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund-of-fund that seeks to generate income by investing in constituents of the Russell 2000 Index while also employing a call option strategy. IWMI was launched on Jun 25, 2024 and is issued by Neos.
See Also
- Five stocks we like better than NEOS Russell 2000 High Income ETF
- New Copper-Rich “Kraken” Zone Discovered
- Silver Is the New Oil—And the World’s Running Dry
- America’s 1776 happening again
- 3 Signs You May Want to Switch Financial Advisors
- Silver’s squeeze is tightening – opportunity forming
Receive News & Ratings for NEOS Russell 2000 High Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEOS Russell 2000 High Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
