NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) Shares Up 0.7%

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQIGet Free Report)’s stock price traded up 0.7% on Wednesday . The company traded as high as $52.00 and last traded at $51.91. 140,142 shares were traded during mid-day trading, an increase of 40% from the average session volume of 100,139 shares. The stock had previously closed at $51.54.

NEOS Nasdaq 100 High Income ETF Stock Up 0.1 %

The stock has a market cap of $142.70 million, a price-to-earnings ratio of 30.79 and a beta of 1.09. The firm’s fifty day moving average price is $50.29.

NEOS Nasdaq 100 High Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, May 24th. Shareholders of record on Thursday, May 23rd were paid a $0.6129 dividend. The ex-dividend date was Wednesday, May 22nd. This represents a $7.35 annualized dividend and a yield of 14.12%.

Hedge Funds Weigh In On NEOS Nasdaq 100 High Income ETF

A hedge fund recently bought a new stake in NEOS Nasdaq 100 High Income ETF stock. VitalStone Financial LLC bought a new position in shares of NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQIFree Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 655 shares of the company’s stock, valued at approximately $33,000.

About NEOS Nasdaq 100 High Income ETF

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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.

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