NEOS Russell 2000 High Income ETF (BATS:IWMI) Trading Down 0.1% – What’s Next?

NEOS Russell 2000 High Income ETF (BATS:IWMIGet Free Report) was down 0.1% during mid-day trading on Monday . The stock traded as low as $53.47 and last traded at $53.58. Approximately 601,342 shares were traded during mid-day trading, an increase of 61% from the average daily volume of 374,190 shares. The stock had previously closed at $53.65.

NEOS Russell 2000 High Income ETF Trading Down 0.8%

The stock has a market cap of $237.58 million and a PE ratio of 16.20. The business has a 50 day moving average of $52.78 and a 200-day moving average of $51.03.

Institutional Investors Weigh In On NEOS Russell 2000 High Income ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Sound Income Strategies LLC purchased a new position in shares of NEOS Russell 2000 High Income ETF during the first quarter worth about $82,000. Private Trust Co. NA grew its stake 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 valued at $234,000 after purchasing an additional 500 shares during the last quarter. Sunbelt Securities Inc. acquired a new position in shares of NEOS Russell 2000 High Income ETF in the third quarter valued at approximately $307,000. FSA Advisors Inc. acquired a new position in shares of NEOS Russell 2000 High Income ETF in the fourth quarter valued at approximately $735,000. Finally, Marshall & Sterling Wealth Advisors Inc. purchased a new stake in shares of NEOS Russell 2000 High Income ETF during the first quarter worth approximately $2,307,000.

NEOS Russell 2000 High Income ETF Company Profile

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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.

Further Reading

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