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

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

NEOS Real Estate High Income ETF Stock Performance

The stock has a market cap of $55 million and a price-to-earnings ratio of 35.64. The firm’s 50-day simple moving average is $49.17 and its two-hundred day simple moving average is $49.18.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of IYRI. Allworth Financial LP acquired a new position in NEOS Real Estate High Income ETF during the third quarter valued at approximately $35,000. Royal Bank of Canada acquired a new position in NEOS Real Estate High Income ETF during the fourth quarter valued at approximately $49,000. CWM LLC grew its holdings 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 valued at $137,000 after purchasing an additional 2,194 shares during the period. Summit Financial LLC acquired a new position in NEOS Real Estate High Income ETF during the fourth quarter valued at approximately $217,000. Finally, Envestnet Asset Management Inc. acquired a new position in NEOS Real Estate High Income ETF during the third quarter valued at approximately $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.