NEOS Real Estate High Income ETF (BATS:IYRI) Trading Up 0.1% – Time to Buy?

Shares of NEOS Real Estate High Income ETF (BATS:IYRI) shot up 0.1% on Friday . The stock traded as high as $49.40 and last traded at $48.93. 50,423 shares were traded during trading, a decline of 43% from the average session volume of 87,693 shares. The stock had previously closed at $48.88.

NEOS Real Estate High Income ETF Stock Performance

The firm has a market cap of $53.82 million and a price-to-earnings ratio of 35.64. The business’s 50 day moving average price is $49.64 and its 200-day moving average price is $49.77.

Institutional Trading of NEOS Real Estate High Income ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Allworth Financial LP bought a new position in NEOS Real Estate High Income ETF during the 3rd quarter worth approximately $35,000. CoreCap Advisors LLC raised its position in shares of NEOS Real Estate High Income ETF by 300.0% during the 3rd quarter. CoreCap Advisors LLC now owns 800 shares of the company’s stock valued at $40,000 after acquiring an additional 600 shares in the last quarter. Royal Bank of Canada acquired a new stake in shares of NEOS Real Estate High Income ETF during the 4th quarter valued at approximately $49,000. CWM LLC lifted its stake in NEOS Real Estate High Income ETF by 356.7% during the fourth quarter. CWM LLC now owns 2,809 shares of the company’s stock worth $137,000 after purchasing an additional 2,194 shares during the last quarter. Finally, Summit Financial LLC bought a new position in NEOS Real Estate High Income ETF during the fourth quarter worth $217,000.

About NEOS Real Estate High Income ETF

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.