NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI)’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 changing hands.

NEOS Nasdaq 100 High Income ETF Price Performance

The company has a market cap of $565.63 million, a P/E ratio of 30.79 and a beta of 1.09. The business’s 50 day moving average price is $51.79 and its 200-day moving average price is $51.16.

NEOS Nasdaq 100 High Income ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, November 21st. Shareholders of record on Wednesday, November 20th were given a $0.6116 dividend. The ex-dividend date of this dividend was Wednesday, November 20th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in NEOS Nasdaq 100 High Income ETF stock. Creative Financial Designs Inc. ADV bought a new position in shares of NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 3,774 shares of the company’s stock, valued at approximately $194,000.

About NEOS Nasdaq 100 High Income ETF

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.