NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) Shares Pass Above 200-Day Moving Average – Here’s Why

Posted by Defense World Staff on Nov 28th, 2024

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI – Get Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $51.15 and traded as high as $52.30. NEOS Nasdaq 100 High Income ETF shares last traded at $52.16, with a volume of 152,297 shares trading hands.

NEOS Nasdaq 100 High Income ETF Price Performance

The stock has a market cap of $562.28 million, a PE ratio of 30.79 and a beta of 1.09. The stock’s fifty day moving average is $51.77 and its 200-day moving average is $51.15.

NEOS Nasdaq 100 High Income ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, November 21st. Shareholders of record on Wednesday, November 20th were issued a $0.6116 dividend. The ex-dividend date was Wednesday, November 20th.

Institutional Trading of NEOS Nasdaq 100 High Income ETF

A hedge fund recently bought a new stake in NEOS Nasdaq 100 High Income ETF stock. AlphaMark Advisors LLC acquired a new position in NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,260 shares of the company’s stock, valued at approximately $65,000.

NEOS Nasdaq 100 High Income ETF Company Profile

(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.