Marshall & Sterling Wealth Advisors Inc. Purchases New Position in NEOS Russell 2000 High Income ETF $IWMI

Marshall & Sterling Wealth Advisors Inc. purchased a new position in NEOS Russell 2000 High Income ETF (BATS:IWMI) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 48,665 shares of the company’s stock, valued at approximately $2,307,000. NEOS Russell 2000 High Income ETF makes up 1.5% of Marshall & Sterling Wealth Advisors Inc.’s portfolio, making the stock its 18th largest position. Marshall & Sterling Wealth Advisors Inc. owned approximately 1.09% of NEOS Russell 2000 High Income ETF as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. FSA Advisors Inc. raised its position in NEOS Russell 2000 High Income ETF by 36.2% during the first quarter. FSA Advisors Inc. now owns 20,566 shares of the company’s stock valued at $975,000 after purchasing an additional 5,464 shares during the period. Sunbelt Securities Inc. boosted its holdings in shares of NEOS Russell 2000 High Income ETF by 12.4% in the 4th quarter. Sunbelt Securities Inc. now owns 7,095 shares of the company’s stock worth $345,000 after purchasing an additional 781 shares during the period. Private Trust Co. NA boosted its holdings in shares of NEOS Russell 2000 High Income ETF by 11.6% in the 4th quarter. Private Trust Co. NA now owns 4,800 shares of the company’s stock worth $234,000 after purchasing an additional 500 shares during the period. Finally, Sound Income Strategies LLC bought a new position in shares of NEOS Russell 2000 High Income ETF during the 1st quarter valued at approximately $82,000.

NEOS Russell 2000 High Income ETF Stock Performance

BATS:IWMI opened at $52.87 on Friday. The stock’s fifty day moving average is $52.35 and its 200 day moving average is $50.64. NEOS Russell 2000 High Income ETF has a fifty-two week low of $44.52 and a fifty-two week high of $53.86. The firm has a market capitalization of $236.33 million and a PE ratio of 16.20.

NEOS Russell 2000 High Income ETF Company Profile

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.