NEOS Real Estate High Income ETF (BATS:IYRI) Trading Up 0.1% – Here’s What Happened

NEOS Real Estate High Income ETF (BATS:IYRI) shot up 0.1% during trading on Friday . The company traded as high as $49.40 and last traded at $48.93. 50,423 shares changed hands during mid-day 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 Trading Up 0.1%

The company’s 50 day moving average is $49.64 and its 200 day moving average is $49.76. The company has a market cap of $53.82 million and a PE ratio of 35.64.

Hedge Funds Weigh In On NEOS Real Estate High Income ETF

A number of institutional investors have recently modified their holdings of the stock. CoreCap Advisors LLC raised its stake in shares of NEOS Real Estate High Income ETF by 300.0% during the third 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. HighTower Advisors LLC grew its stake in NEOS Real Estate High Income ETF by 11.9% in the fourth quarter. HighTower Advisors LLC now owns 6,114 shares of the company’s stock worth $297,000 after purchasing an additional 650 shares in the last quarter. Allworth Financial LP purchased a new position in NEOS Real Estate High Income ETF during the 3rd quarter worth $35,000. World Equity Group Inc. increased its holdings in NEOS Real Estate High Income ETF by 15.1% during the 3rd quarter. World Equity Group Inc. now owns 5,572 shares of the company’s stock worth $282,000 after purchasing an additional 730 shares during the period. Finally, Royal Bank of Canada bought a new stake in NEOS Real Estate High Income ETF during the 4th quarter valued at $49,000.

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.