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

Posted by Renee Jackson on Feb 18th, 2025

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company 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 Price Performance

The stock has a market cap of $966.35 million, a P/E ratio of 34.80 and a beta of 1.09. The stock has a 50-day simple moving average of $53.16 and a 200-day simple moving average of $51.86.

NEOS Nasdaq 100 High Income ETF Increases Dividend

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

Hedge Funds Weigh In On NEOS Nasdaq 100 High Income ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in QQQI. Ameriprise Financial Inc. increased its holdings in shares of 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 acquired a new stake in shares of NEOS Nasdaq 100 High Income ETF during the 3rd quarter valued at $194,000. Private Trust Co. NA bought a new stake in NEOS Nasdaq 100 High Income ETF during the 4th quarter worth $105,000. Finally, AdvisorNet Financial Inc acquired a new position in NEOS Nasdaq 100 High Income ETF in the 4th quarter worth about $30,000.

About NEOS Nasdaq 100 High Income ETF

(Get Free Report)

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.