NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) Reaches New 12-Month High – What’s Next?

Shares of NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) reached a new 52-week high during trading on Tuesday . The stock traded as high as $54.35 and last traded at $54.35, with a volume of 6336 shares trading hands. The stock had previously closed at $54.22.

NEOS Nasdaq 100 High Income ETF Stock Down 0.3 %

The company’s 50 day moving average is $53.20 and its 200 day moving average is $51.92. The firm has a market capitalization of $965.29 million, a price-to-earnings ratio of 34.80 and a beta of 1.09.

NEOS Nasdaq 100 High Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 24th. Shareholders of record on Wednesday, January 22nd were paid a dividend of $0.6241 per share. This is an increase from NEOS Nasdaq 100 High Income ETF’s previous dividend of $0.62. The ex-dividend date of this dividend was Wednesday, January 22nd.

Institutional Investors Weigh In On NEOS Nasdaq 100 High Income ETF

Large investors have recently bought and sold shares of the company. AdvisorNet Financial Inc acquired a new stake in NEOS Nasdaq 100 High Income ETF during the fourth quarter worth about $30,000. Ameriprise Financial Inc. grew its stake in NEOS Nasdaq 100 High Income ETF by 24.8% during the fourth quarter. Ameriprise Financial Inc. now owns 33,604 shares of the company’s stock worth $1,760,000 after buying an additional 6,683 shares in the last quarter. Creative Financial Designs Inc. ADV grew its stake in NEOS Nasdaq 100 High Income ETF by 26.3% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 4,767 shares of the company’s stock worth $250,000 after buying an additional 993 shares in the last quarter. Finally, Private Trust Co. NA acquired a new stake in NEOS Nasdaq 100 High Income ETF during the fourth quarter worth about $105,000.

NEOS Nasdaq 100 High Income ETF Company Profile

The NEOS Nasdaq 100 High Income ETF (QQQI) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks high monthly income through NASDAQ-100 stocks and call options, pursuing potential equity growth in a tax-efficient manner. QQQI was launched on Jan 30, 2024 and is issued by Neos.