NEOS Real Estate High Income ETF (BATS:IYRI) Stock Price Up 0.6% – Here’s What Happened

Shares of NEOS Real Estate High Income ETF (BATS:IYRI) shot up 0.6% on Wednesday . The stock traded as high as $49.34 and last traded at $49.26. Approximately 71,754 shares changed hands during mid-day trading, a decline of 10% from the average session volume of 79,339 shares. The stock had previously closed at $48.99.

NEOS Real Estate High Income ETF Stock Up 0.6%

The firm has a market cap of $54.19 million and a price-to-earnings ratio of 35.64. The stock has a fifty day moving average price of $49.60 and a 200-day moving average price of $49.31.

Hedge Funds Weigh In On NEOS Real Estate High Income ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of IYRI. Gradient Investments LLC increased its stake in NEOS Real Estate High Income ETF by 2.3% in the 2nd quarter. Gradient Investments LLC now owns 166,746 shares of the company’s stock valued at $8,189,000 after buying an additional 3,827 shares during the period. PVG Asset Management Corp lifted its stake in shares of NEOS Real Estate High Income ETF by 11.6% in the 2nd quarter. PVG Asset Management Corp now owns 12,532 shares of the company’s stock worth $615,000 after acquiring an additional 1,305 shares during the period. Core Wealth Advisors Inc. purchased a new stake in shares of NEOS Real Estate High Income ETF in the first quarter valued at about $397,000. Royal Bank of Canada boosted its holdings in shares of NEOS Real Estate High Income ETF by 296.3% in the first quarter. Royal Bank of Canada now owns 3,963 shares of the company’s stock valued at $187,000 after acquiring an additional 2,963 shares in the last quarter. Finally, Cascade Wealth Advisors Inc boosted its holdings in shares of NEOS Real Estate High Income ETF by 19.8% in the first quarter. Cascade Wealth Advisors Inc now owns 127,879 shares of the company’s stock valued at $6,339,000 after acquiring an additional 21,128 shares in the last quarter.

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.