NEOS Real Estate High Income ETF (BATS:IYRI) Stock Falls 1.2% – Should You Sell?

NEOS Real Estate High Income ETF (BATS:IYRI) dropped 1.2% on Wednesday. The stock traded as low as $44.71 and last traded at $44.71. Approximately 61,933 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 80,491 shares. The stock had previously closed at $45.24.

NEOS Real Estate High Income ETF Stock Performance

The stock has a fifty day moving average price of $47.95 and a 200-day moving average price of $48.72. The firm has a market cap of $50.16 million and a PE ratio of 35.64.

Institutional Investors Weigh In On NEOS Real Estate High Income ETF

Several institutional investors have recently bought and sold shares of IYRI. Gradient Investments LLC acquired a new stake in NEOS Real Estate High Income ETF in the 3rd quarter valued at $7,449,000. Cherry Creek Investment Advisors Inc. purchased a new stake in shares of NEOS Real Estate High Income ETF in the first quarter worth about $1,935,000. Moran Wealth Management LLC grew its stake in shares of NEOS Real Estate High Income ETF by 287.3% in the first quarter. Moran Wealth Management LLC now owns 36,433 shares of the company’s stock valued at $1,723,000 after buying an additional 27,027 shares in the last quarter. M Holdings Securities Inc. purchased a new stake in shares of NEOS Real Estate High Income ETF during the 2nd quarter valued at about $1,307,000. Finally, Cascade Wealth Advisors Inc lifted its position in NEOS Real Estate High Income ETF by 19.8% during the 1st quarter. Cascade Wealth Advisors Inc now owns 127,879 shares of the company’s stock worth $6,339,000 after acquiring an additional 21,128 shares in the last quarter.

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.