NEOS Real Estate High Income ETF (NYSEARCA:IYRI) Trading 1.3% Higher – What’s Next?

NEOS Real Estate High Income ETF (NYSEARCA:IYRI) was up 1.3% during mid-day trading on Friday . The stock traded as high as $49.82 and last traded at $49.82. Approximately 42,924 shares were traded during trading, an increase of 10% from the average daily volume of 39,103 shares. The stock had previously closed at $49.20.

NEOS Real Estate High Income ETF Stock Performance

The company has a market cap of $141.99 million, a price-to-earnings ratio of 35.64 and a beta of 0.91. The company has a 50-day simple moving average of $50.24 and a 200-day simple moving average of $50.14.

Institutional Investors Weigh In On NEOS Real Estate High Income ETF

Institutional investors have recently made changes to their positions in the stock. HighTower Advisors LLC purchased a new position in shares of NEOS Real Estate High Income ETF in the 1st quarter valued at about $300,000. Jane Street Group LLC acquired a new stake in shares of NEOS Real Estate High Income ETF during the 1st quarter valued at approximately $507,000. High Net Worth Advisory Group LLC purchased a new stake in shares of NEOS Real Estate High Income ETF during the 2nd quarter worth approximately $625,000. MADDEN SECURITIES Corp acquired a new stake in shares of NEOS Real Estate High Income ETF in the 2nd quarter worth approximately $3,892,000. Finally, RFG Advisory LLC acquired a new position in NEOS Real Estate High Income ETF during the second quarter worth $816,000.

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.