NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) Reaches New 12-Month High – Still a Buy?

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQIGet Free Report)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $54.35 and last traded at $54.35, with a volume of 6336 shares changing hands. The stock had previously closed at $54.22.

NEOS Nasdaq 100 High Income ETF Price Performance

The company has a market cap of $966.35 million, a price-to-earnings ratio of 34.80 and a beta of 1.09. The firm has a 50-day moving average price of $53.16 and a 200 day moving average price of $51.86.

NEOS Nasdaq 100 High Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, January 24th. Investors of record on Wednesday, January 22nd were given a dividend of $0.6241 per share. This is a positive change from NEOS Nasdaq 100 High Income ETF’s previous dividend of $0.62. The ex-dividend date was Wednesday, January 22nd.

Institutional Trading of NEOS Nasdaq 100 High Income ETF

A number of institutional investors have recently bought and sold shares of the business. AdvisorNet Financial Inc acquired a new stake in shares of NEOS Nasdaq 100 High Income ETF in the fourth quarter valued at approximately $30,000. Private Trust Co. NA acquired a new position in NEOS Nasdaq 100 High Income ETF during the fourth quarter valued at approximately $105,000. Creative Financial Designs Inc. ADV bought a new stake in NEOS Nasdaq 100 High Income ETF during the third quarter worth $194,000. Finally, Ameriprise Financial Inc. boosted its holdings in shares of NEOS Nasdaq 100 High Income ETF by 24.8% in the 4th quarter. Ameriprise Financial Inc. now owns 33,604 shares of the company’s stock valued at $1,760,000 after purchasing an additional 6,683 shares in the last quarter.

NEOS Nasdaq 100 High Income ETF Company Profile

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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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