NEOS Real Estate High Income ETF (BATS:IYRI) Trading 0.8% Higher – Here’s Why

NEOS Real Estate High Income ETF (BATS:IYRI)’s share price traded up 0.8% during mid-day trading on Friday . The stock traded as high as $50.00 and last traded at $50.00. 65,047 shares changed hands during trading, a decline of 19% from the average session volume of 80,092 shares. The stock had previously closed at $49.58.

NEOS Real Estate High Income ETF Stock Performance

The company has a market capitalization of $55 million and a price-to-earnings ratio of 35.64. The company’s fifty day simple moving average is $49.17 and its two-hundred day simple moving average is $49.18.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Allworth Financial LP bought a new stake in shares of NEOS Real Estate High Income ETF during the 3rd quarter worth about $35,000. Royal Bank of Canada bought a new stake in shares of NEOS Real Estate High Income ETF during the 4th quarter worth about $49,000. CWM LLC raised its position in shares of NEOS Real Estate High Income ETF by 356.7% during the 4th quarter. CWM LLC now owns 2,809 shares of the company’s stock worth $137,000 after buying an additional 2,194 shares in the last quarter. Summit Financial LLC bought a new stake in shares of NEOS Real Estate High Income ETF during the 4th quarter worth about $217,000. Finally, Envestnet Asset Management Inc. bought a new stake in shares of NEOS Real Estate High Income ETF during the 3rd quarter worth about $229,000.

NEOS Real Estate High Income ETF Company Profile

The NEOS Real Estate High Income ETF (IYRI) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed fund that seeks high monthly income with the potential for appreciation by actively investing in stocks of the Dow Jones U.S. Real Estate Capped Index while also utilizing call options strategies. IYRI was launched on Jan 14, 2025 and is issued by Neos.